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Germantown Square 1245 Germantown Pky 9,230 - 106,896 SF of Retail Space Available in Cordova, TN 38018
HIGHLIGHTS
- Class A commercial kitchen space: 31,833 SF end cap, ideal for cooking schools and retailers. Contiguous space available: 31,833 – 48,833 SF.
- Coffee shop/retail space: 9,230 SF end cap, drive-thru, open floor plan.
- Great Location | Along Germantown Pkwy 55,200 VPD
- Former fitness center: 17,000 SF, ready for fitness franchise or gym-type business. High Ceilings
- Prime location: Easy access to Germantown Parkway and ample parking
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 101 | 31,833-48,833 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | |
| 1st Floor, Ste 102 | 17,000-48,833 SF | 19’ - 20’ | 5 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | |
| 1st Floor, Ste 120 | 9,230 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1245 N Germantown Pky - 1st Floor - Ste 101
AVAILABLE SOON - 31,833 SF to 48,833 SF End Cap Space! Fronting Germantown Pkwy (55,200 Cars Per Day) at the signalized intersection of Germantown Pkwy and Cordova Rd! Fully Built-Out Class A Commercial Kitchens and Classroom Space! Ideal Uses: Cooking School, Ghost Shared Kitchen, Grocery Store, Retail or large Fitness Franchise! AVAILABLE DECEMBER 2025!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- 3 Loading Docks
- Central Air Conditioning
- Private Restrooms
- Freezer Space
- Corner Space
- Big Box End Cap Facing Germantown Pkwy
- Kitchen, School, Retail, Gym, Fitness, Other
- Class A Build-Out
- 500 Parking Spaces
- Commercial Kitchens, Class Rooms, Restaurant, Dock
1245 N Germantown Pky - 1st Floor - Ste 102
Germantown Square presents an exceptional opportunity for businesses seeking high-quality, ready-to-occupy commercial spaces along the desirable Germantown Parkway. 17,000 SF Fitness Center Franchise Opportunity or Retailer Lease Opportunity. SPACE AVAILABLE NOVEMBER 2025. 17,000 square foot former corporate fitness gym is available. This turn-key location, while not including equipment or fixtures, is perfectly suited for a fitness franchise ready to enter the market. The existing improvements simplify the process of getting started. With up to 48,831 square feet available, this space is excellent for fitness franchises seeking to make a significant impact in the area. Germantown Square provides easy access to Germantown Parkway and ample parking for customers, making it an attractive option for gym-type businesses or open box retail concepts. • Class A Former fitness center: 17,000 SF, ready for franchise or gym-type business. • Contiguous space available: 17,000 SF – 48,833 SF. • Prime East Memphis Suburb location: Easy access to Germantown Parkway 53,000 VPD and ample parking.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Partitioned Offices
- Private Restrooms
- High Ceilings
- Exposed Ceiling
- Shower Facilities
- Finished Ceilings: 19’ - 20’
- Move In Ready Gym Fitness or Retail Space
- National Gym Build-Out
- Open Floor Plan
- Front Offices and Large Restrooms with Showers
- 500+ Parking Spaces
- At signalized Intersection Germantown Pkwy 55,000
1245 N Germantown Pky - 1st Floor - Ste 120
Prime Retail Space fronting Germantown Pkwy with Drive-Thru Coffee Shop or Beverage Shop sublease opportunity! The 9,230 square foot end cap space offers great access and visibility, featuring a drive-thru, an open floor plan, and high drop ceilings. Existing coffee shop improvements are in place, allowing a new business to quickly install restrooms and flooring, then begin operations. This versatile space is suitable for various uses, including retail, furniture, hardware, dine-in restaurants, and more.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Corner Space
- Drop Ceilings
- Drive Thru
- END CAP RETAIL SPACE WITH DRIVE THRU
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT GERMANTOWN SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- America's Incredible Pizza Company
- Pizza
- 22
- Regional
- The Tile Shop
- Floor Covering
- 159
- National
- University of Memphis
- Accommodation and Food Services
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| America's Incredible Pizza Company | Pizza | 22 | Regional |
| The Tile Shop | Floor Covering | 159 | National |
| University of Memphis | Accommodation and Food Services | - | - |
PROPERTY FACTS
ABOUT THE PROPERTY
31,833 SF Class A Commercial Kitchen Cooking School Space A premier 31,833 square foot end cap space is designed as a Class A commercial kitchen cooking school. This space is ideally suited for culinary institutions, shared kitchen facilities, or commercial kitchen operators. Extensive improvements have been made, ensuring a superior environment for cooking schools, grocery stores with delis, large retailers, or substantial fitness franchises. The total contiguous space available ranges from 31,833 to 48,833 square feet, offering flexibility for expanding operations. 17,000 SF Fitness Center Opportunity Adjacent to the kitchen space, a 17,000 square foot former corporate fitness gym is available. This turn-key location, while not including equipment or fixtures, is perfectly suited for a fitness franchise ready to enter the market. The existing improvements simplify the process of getting started. With up to 48,831 square feet available, this space is excellent for fitness franchises seeking to make a significant impact in the area. Germantown Square provides easy access to Germantown Parkway and ample parking for customers, making it an attractive option for gym-type businesses or open box retail concepts. 9,230 SF Retail Space & Coffee Shop The 9,230 square foot end cap space offers great access and visibility, featuring a drive-thru, an open floor plan, and high drop ceilings. Existing coffee shop improvements are in place, allowing a new business to quickly install restrooms and flooring, then begin operations. This versatile space is suitable for various uses, including retail, furniture, hardware, dine-in restaurants, and more. Summary of Features • Class A commercial kitchen space: 31,833 SF end cap, ideal for cooking schools and retailers. • Contiguous space available: 31,833 – 48,833 SF. • Former fitness center: 17,000 SF, ready for franchise or gym-type business. • Coffee shop/retail space: 9,230 SF end cap, drive-thru, open floor plan. • Prime location: Easy access to Germantown Parkway and ample parking
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS
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Germantown Square | 1245 Germantown Pky
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