Germantown Station | 1217-1227 S Germantown Rd
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Germantown Station 1217-1227 S Germantown Rd
12,000 SF 100% Leased Retail Building Germantown, TN 38138 £2,923,037 (£244/SF) 7.75% Net Initial Yield
Investment Highlights
- 100% Leased
- High-Income area
- Excellent visibility to Germantown Road
- Area includes: Lowe’s, Office Depot, Walgreens, Chick-Fil-A, Taco Bell, Perkins, and Various Medical Facilities and doctor’s offices
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,000 SF
Building Class
B
Year Built
2002
Price
£2,923,037
Price Per SF
£244
Net Initial Yield
7.75%
NOI
£226,535
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.21
Land Acres
1.32 AC
Zoning
CP
Parking
66 Spaces (5.5 Spaces per 1,000 SF Leased)
Frontage
166 ft on S Germantown Rd
Nearby Major Retailers
1 of 18
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Germantown Station | 1217-1227 S Germantown Rd
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