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Germantown Square 1245 N Germantown Pky
142,626 SF 82% Leased Retail Building Cordova, TN 38016 $11,900,000 ($83/SF) 9.93% Cap Rate
Investment Highlights
- Prime Location in the Northeast Submarket of the Memphis MSA
- Signalized Intersection
- Easy Access to I-40, Hwy 64 and Germantown Parkway, three major corridors through the Memphis Area
- Area retailers include Petco, Party City, Malco Theater, HomeGoods, Kroger, Walmart, Marshalls, IKEA, Kohl’s, Lowe’s, Dick’s Sporting Goods
Executive Summary
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
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.
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
| Space | Size | Space Use | Position | Available |
| 102 | 17,000 SF | Retail | - | Now |
| 120 | 9,230 SF | Retail | - | Now |
102
| Size |
| 17,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
120
| Size |
| 9,230 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
102
| Size | 17,000 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
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.
120
| Size | 9,230 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
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
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,192,880 | |
| Land Assessment | $2,333,560 | Total Assessment | $4,526,440 |
PROPERTY TAXES
Presented by
Germantown Square | 1245 N Germantown Pky
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