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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

Regions Bank
Starbucks
Waffle House
Simmons Bank
Perkins Restaurant & Bakery
Td Ameritrade
Biggby Coffee
Krystal
Guthrie's Chicken
First Horizon Bank
  • Listing ID: 33790514

  • Date on Market: 07/11/2024

  • Last Updated:

  • Address: 1217-1227 S Germantown Rd, Germantown, TN 38138

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