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    FOR LEASE
    Office buildings

    8000 Centerview Pkwy, Memphis, TN 38018

    126,476 SF 5.88 ac lot Built 1988
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US80-1200827
    8000 Centerview Pkwy, Memphis, TN 38018 For Lease
    $11,050,000
    8000 Centerview Pkwy, Memphis, TN 38018
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    Property summary
    AI-generated overview

    This exceptional five-story office building, totaling 116,082 square feet, is ideally situated at 8000 Centerview Parkway in Memphis, Tennessee, 38018, near the intersection of Germantown Parkway and Walnut Grove. The property offers a variety of office space options, including medical, traditional, executive suites, and coworking spaces, catering to diverse business needs. Units range from a minimum of 1,143 square feet to a maximum contiguous space of 22,194 square feet, making it suitable for businesses of all sizes. Located in Shelby County's Northeast submarket, this single building enjoys a park-like setting and benefits from its strategic location within the Wolf River Medical Corridor. Its proximity to major medical facilities, including Baptist Memorial Hospitals, Methodist LeBonheur, Campbell Clinic, and St. Francis Hospital (all within five miles), provides unparalleled access to a significant patient base. The convenient location also serves businesses and patients from surrounding areas such as Collierville, Germantown, Bartlett, Midtown, and East Memphis. This property presents a unique opportunity for businesses seeking a prestigious and accessible location in a thriving medical and commercial hub. The building's multiple tenancy structure allows for flexibility and adaptability to various business models.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1988
    Total area 126,476 SF
    Lot 5.88 ac (256,133 SF)
    Zoning code CMU-2
    APN 091-115- - -00003
    UPID US80-1200827
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Hafiz Elahi Physician Medical Clinic
    • CATHERINE ROBILIO WOMACK Physician
    • Kristy Lynn Bryan Physician
    • Baptist Trinity Palliative Care Nursing Home
    • Dr. Oleksandra Dryn Physician Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $12.22M
    Blend (final) Blend
    $11.05M
    Owner & transaction history
    Rcs-germantown I LLC · 9 yrs held
    Rcs-germantown I LLC
    since 2017
    5 recorded transactions
    2020
    2017
    2016
    $47.7M
    2005
    1969
    Zoning & alternative use
    CMU-2 · Cordova, TN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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