Shopping Community

Cordova Center

1862 - 1884 N Germantown Pkwy, Cordova, TN 38016

Listing Price: $6,345,000

Cap Rate
7.77%
Gross SF
58,500
Rentable SF
58,500
Price/Gross SF
$108.46
Lot Size
2.95 acres
Year Built
1997

Investment Overview

Marcus & Millichap is pleased to present for sale The Cordova Center multi-tenant retail shopping center located on the bustling retail corridor of Germantown Parkway in northeast Shelby County. The site has over 44,000 vehicles per day and lies just south of Interstate 40. Cordova is a suburb of Memphis, TN.

Investment Highlights

  • Triple-Net Leases with Minimal Landlord Responsibilities
  • NOI of $491,727
  • Tenants Have Long History at the Site and Term Remaining on Current Leases

Exclusively Listed By

Listing Price: $6,345,000

Cap Rate
7.77%
Gross SF
58,500
Rentable SF
58,500
Price/Gross SF
$108.46
Lot Size
2.95 acres
Year Built
1997

Investment Highlights

  • Triple-Net Leases with Minimal Landlord Responsibilities
  • NOI of $491,727
  • Tenants Have Long History at the Site and Term Remaining on Current Leases

Investment Overview

Marcus & Millichap is pleased to present for sale The Cordova Center multi-tenant retail shopping center located on the bustling retail corridor of Germantown Parkway in northeast Shelby County. The site has over 44,000 vehicles per day and lies just south of Interstate 40. Cordova is a suburb of Memphis, TN.

Exclusively Listed By

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