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    FOR LEASE
    Office buildings

    8001 Centerview Pkwy, Memphis, TN 38018

    98,159 SF 5.64 ac lot Built 1987
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US80-2846850
    8001 Centerview Pkwy, Memphis, TN 38018 For Lease
    $12,645,000
    8001 Centerview Pkwy, Memphis, TN 38018
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    Property summary
    AI-generated overview

    This exceptional Memphis office property, located at 8001 Centerview Pkwy, offers 93,377 square feet of versatile space across six, four-story buildings in Shelby County, TN. The property features multiple tenancy options, with suites ranging from a minimum of 1,155 square feet to a maximum contiguous space of 4,771 square feet. Ideal for a variety of businesses, including traditional office, executive office, coworking, and creative office uses, this location boasts a park-like setting adjacent to Shelby Farms Park, providing a tranquil and attractive environment. Its strategic location offers easy access to major medical facilities, including Baptist Memorial Hospitals, Methodist LeBonheur, Campbell Clinic, and St. Francis Hospital, making it particularly well-suited for medical professionals. The property benefits from a highly visible location with building and monument signage opportunities facing Germantown Parkway, ensuring excellent brand visibility. Additional amenities include on-site property management, 24-hour building access, and uniformed and roving security for enhanced peace of mind. Convenient access via a traffic signal on Timber Creek at Germantown Parkway ensures easy ingress and egress. This prime location serves the Collierville, Germantown, Bartlett, Midtown, and East Memphis markets, offering unparalleled convenience and accessibility for employees and clients alike. The zip code is 38018.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1987
    Total area 98,159 SF
    Lot 5.64 ac (245,678 SF)
    Zoning code CMU-2
    APN 091-114- - -00002
    UPID US80-2846850
    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
    • Regional Finance Loan Service
    • Setting the Pace Advertising Agency Marketing & Advertising
    • Nbr Mortgage Loan Service Bank
    • Dr. Beau B. Pittman, MD Physician
    • Jess Wesberry Ophthalmologist
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $15.83M
    Comparable Approach Comparable
    $11.59M
    Blend (final) Blend
    $12.65M
    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
    Top alternative use upside
    Neighborhood: shopping center $15.9M +48.0%
    Medical building $14.5M +34.9%
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    More about this property
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