| INVESTMENT HIGHLIGHTS: |
|
Well-located within established retail corridor- Wolfchase Galleria Mall area |
|
Discount to Replacement Cost – The asset can
be purchased at a significant discount to replacement
cost |
|
High traffic count location with 64,330 vehicles
per day on Germantown Pkwy |
|
Excellent Visibility on major traffic artery
Germanton Pkwy |
|
Upside Potential for the investor/buyer through
repositioning & lease-up |
|
Strong Demographics - more than 58,300±
residents at average household income exceeding
$84,200± within a 3-mile radius |
|
| PROPERTY SPECIFICATIONS: |
| |
Location: |
|
990 N Germantown Pkwy
Cordova, TN 38018 |
| |
Type: |
|
Neighborhood Shopping Center |
| |
Size: |
|
10,640± sq ft GLA
0.9± acre site |
| |
Year Built: |
|
2003 |
| |
Stabilized NOI: |
|
$117,495 |
| |
Price: |
|
$1,250,000 ($117 PSF) |
|
