2281-2289 N Germantown Pky - Freestanding FOR SALE


Cordova, TN 38016
$7,300,000 USD
480-221-4221
2281-2289 N Germantown Pky, Cordova, TN for Sale
$7,300,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

2281-2289 N Germantown Pky
Cordova, TN 38016


HIGHLIGHTS

  • Countrywood Crossing Neighborhood Center
  • Extensive Frontage and Visibility
  • Close to Ikea and Costco
  • Quick Access to I-40 Intersection

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a Big Box Retail within Countrywood Crossing Center, redevelopment property located in Cordova, Tennessee (Memphis MSA). The redevelopment opportunity provides future investors with an upside through leasing the property to a new tenant with long term at rent of market rate, while current MTM rent minimize the risk before converting to a new tenant.

FOR SALE DETAILS

PRICE

$7,300,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vacant Big Box | Close to Ikea/Costco

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

17.4 AC

LAND SF

757,944 SF

ZONING

CA

APN/PARCEL ID

09-6500-0-0721

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.