1217-1227 S Germantown Rd | Germantown, TN 38138
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1217-1227 S Germantown Rd
Germantown, TN 38138
Germantown Station | 100% Leased · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Germantown Station is a 100% occupied, six-tenant storefront office/retail property with strong, stable in-place tenants and favorable terms.
- In an area with retailers and conveniences such as Lowe’s, Office Depot, Walgreens, Chick-fil-A, Taco Bell, Perkins, and medical offices.
- Within a 5-mile radius of Germantown Station there are high average household incomes and consumer spending exceeding $2.1 billion annually.
- Excellent visibility on Germantown Road seeing nearly 41,000 vehicles per day just 25 minutes east of Downtown Memphis.
- In-place staggered lease term end dates allow for diversified risk through systematic lease rollover.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Shopfront
Property Size
12,000 sq ft
Costar Property Class
B
Year Built
2002
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.21
Total Plot Size
1.32 ac
Parcel Number
G0-220-0-0533
Use Class
CP
Parking
66 Spaces (5.5 Spaces per 1,000 sq ft Leased)
Frontage
AMENITIES
- Drive Thru
1 of 1
VIDEOS
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