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Parkway Place 1250 N Germantown Pky
2,188 - 7,350 SF of Retail Space Available in Cordova, TN 38016
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 120 | 2,188 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $35,008 /YR $2,917 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 123 | 5,162 SF | Negotiable | $15.11 /SF/YR $1.26 /SF/MO $77,998 /YR $6,500 /MO | Triple Net (NNN) |
1250 N Germantown Pky - 1st Floor - Ste 120
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1250 N Germantown Pky - 1st Floor - Ste 123
- 2 restrooms - Wide open space - Bar area - Kitchen area - 1 small office
- Lease rate does not include utilities, property expenses or building services
- Kitchen
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.
PROPERTY FACTS FOR 1250 N Germantown Pky , Cordova, TN 38016
| Center Type | Neighborhood Center | Gross Leasable Area | 84,688 SF |
| Parking | 808 Spaces | Total Land Area | 18.42 AC |
| Stores | 3 | Year Built | 2003 |
| Center Properties | 5 | Cross Streets | Cordova Rd |
| Frontage |
| Center Type | Neighborhood Center |
| Parking | 808 Spaces |
| Stores | 3 |
| Center Properties | 5 |
| Frontage | |
| Gross Leasable Area | 84,688 SF |
| Total Land Area | 18.42 AC |
| Year Built | 2003 |
| Cross Streets | Cordova Rd |
About the Property
Excellent location and visibility with monument signage along Germantown Parkway Signalized access with multiple ingress/egress points: Stoplight at the high traffic corner of Germantown Parkway and Cordova Road allows easy north and south egress along Germantown Parkway Recent improvements include parking lot resealing and striping, exterior painting, and roofing for office building 60,000 vehicles per day
- 24 Hour Access
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
Parkway Place | 1250 N Germantown Pky
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