Skip to main content

Shopping Strip

Briarwood Collection

1890 N Germantown Pkwy, Memphis, TN 38016

Listing Price: $4,250,000

Cap Rate
7.70%
Gross SF
25,900
Rentable SF
25,900
Price/Gross SF
$164.09
Lot Size
2.40 acres
Year Built
1998

Investment Overview

Marcus & Millichap is pleased to present for sale The Briarwood Collection, a fully leased strip center located in Cordova, Tennessee, a suburb of Memphis. The location on N. Germantown Parkway is in the heart of one of the busiest retail corridors in the greater Memphis area, with a variety of retail, office and residential surrounding the property. The property has a long history of being fully leased, with the anchor tenants (veterinarian and dentist) in place for over 20 years.

Investment Highlights

  • Fully leased multi-tenant center located in Cordova, TN (Memphis suburb)
  • Located on the signalized corner of Germantown Parkway (44,000 VPD) and Woodchase Drive
  • Dentist and Veterinarian have been in this location for over 20 years, and have substantial build-out for their respective practices
  • Little to no deferred maintenance on property

Exclusively Listed By

Listing Price: $4,250,000

Cap Rate
7.70%
Gross SF
25,900
Rentable SF
25,900
Price/Gross SF
$164.09
Lot Size
2.40 acres
Year Built
1998

Investment Highlights

  • Fully leased multi-tenant center located in Cordova, TN (Memphis suburb)
  • Located on the signalized corner of Germantown Parkway (44,000 VPD) and Woodchase Drive
  • Dentist and Veterinarian have been in this location for over 20 years, and have substantial build-out for their respective practices
  • Little to no deferred maintenance on property

Investment Overview

Marcus & Millichap is pleased to present for sale The Briarwood Collection, a fully leased strip center located in Cordova, Tennessee, a suburb of Memphis. The location on N. Germantown Parkway is in the heart of one of the busiest retail corridors in the greater Memphis area, with a variety of retail, office and residential surrounding the property. The property has a long history of being fully leased, with the anchor tenants (veterinarian and dentist) in place for over 20 years.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower