Property profile

7820 Poplar Ave Germantown, TN 38138

OFF-MARKET
Strip malls
Property ID
US80-1706522
36,495 SF 6.13 ac lot Built 1988
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

The property in Germantown, Tennessee offers multiple retail spaces intended for leasing, with individual units sized from 642 to 11,835 square feet. The center is occupied by a variety of national and regional retail and service tenants, including grocery and specialty retailers, restaurants, fitness and wellness businesses, salons and personal care providers, and quick-service food concepts. Nearby retail uses in the surrounding area include major grocery, apparel, beauty, and home/consumer retailers, indicating a commercial shopping environment with a broad mix of consumer-oriented businesses.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1988
Total area 36,495 SF
Lot 6.13 ac (266,936 SF)
Zoning code SC-1
APN G02-31 - - -00467
UPID US80-1706522

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Grocery & Convenience Store Specialty Food Shop
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Nail Salon
  • Specialty Food Shop (Bike/Boat/Book/etc) Store

Location

7820 Poplar Ave Germantown, TN 38138-5056
Germantown metro Census 21351 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2021
Last sale
$20.2M
3 recorded transactions
2021
$20.2M
2021
Price N/A
2014
$13.1M

Zoning & alternative use

SC-1 · Germantown, TN
Zoning description

l district (R-3 two-family density) Residential district (R-T multifamily) Residential district (R-H retirement housing) Neighborhood commercial district (C-1) General commercial district (C-2) Shopping center district (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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