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Germantown Square 1245 Germantown Pky
9,230 - 26,230 SF of Retail Space Available in Cordova, TN 38018
Highlights
- Great Location
- Open Floor Plan
- Attractive Rent and Terms
- Turnkey Fitness space
- Abundance of Parking
- High Ceilings
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 102 | 17,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 120 | 9,230 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1245 N Germantown Pky - 1st Floor - Ste 102
Germantown Square is offering an opportunity for a fitness franchise to enter the market with a turn-key space. This 17,000 square foot space along the desirable Germantown Pkwy is a former fitness center ready for a new business. The existing improvements make it easy to get started, and the location is ideal for attracting customers. With plenty of room, this space is perfect for any fitness franchise looking to make an impact in the area. The Germantown Square location offers easy access to Germantown Pkwy, as well as plenty of parking for customers. The space is also ideal for other gym type businesses or open Retail. IDEAL USES: Fitness/ Gym, Retail, Hardware, HomeGoods, Furniture, Jr Box National Retail.
- Great Location
- Turnkey Fitness Space
- Open Floorplan
- Abundance of parking
1245 N Germantown Pky - 1st Floor - Ste 120
The 9,230 SF End Cap space has great access and visibility, drive-thru, open floor plan, high drop ceilings. Install restrooms and flooring, then open for business. Many Uses – Retail, Furniture, Hardware, Dine In Restaurant, Other
- Great Location
- Attractive Rent and Terms
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Germantown Square
- Tenant
- Description
- US Locations
- Reach
- America's Incredible Pizza Company
- Pizza
- 21
- Regional
- The Tile Shop
- Floor Covering
- 170
- National
- University of Memphis
- Accommodation and Food Services
- -
- -
| Tenant | Description | US Locations | Reach |
| America's Incredible Pizza Company | Pizza | 21 | Regional |
| The Tile Shop | Floor Covering | 170 | National |
| University of Memphis | Accommodation and Food Services | - | - |
PROPERTY FACTS FOR 1245 Germantown Pky , Cordova, TN 38018
| Center Type | Neighborhood Center | Gross Leasable Area | 142,626 SF |
| Parking | 789 Spaces | Total Land Area | 18.50 AC |
| Center Properties | 1 | Year Built | 2000 |
| Frontage |
| Center Type | Neighborhood Center |
| Parking | 789 Spaces |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 142,626 SF |
| Total Land Area | 18.50 AC |
| Year Built | 2000 |
About the Property
Germantown Square is offering an amazing opportunity for a fitness franchise to enter the market with a turn-key space (no equipment or fixtures included). This 17,000 square foot space along the desirable Germantown Pkwy is a former fitness center ready for a new business. The existing improvements make it easy to get started, and the location is ideal for attracting customers. With plenty of room, this space is perfect for any fitness franchise looking to make an impact in the area. The Germantown Square location offers easy access to Germantown Pkwy, as well as plenty of parking for customers. The space is also ideal for other gym type businesses or open box Retail. The 9,230 SF End Cap space has great access and visibility, drive-thru, open floor plan, high drop ceilings. Install restrooms and flooring, then open for business. Many Uses – Retail, Furniture, Hardware, Dine In Restaurant, Other.
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
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Germantown Square | 1245 Germantown Pky
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