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Investment Highlights

  • Diverse, High-Performing National Tenant Lineup
  • Regional Destination Shadow Anchors – Driving Traffic & Marketability of Vacant Space
  • Arbitrage Opportunity Through Outparcel Spin-Off
  • Regional Retail Draws in the Wolfchase Shopping District
  • Significant Mark to Market Upside and Ground Lease Development
  • Large Footprint in Cordova, Germantown, and Surrounding Suburbs - The Wealthiest Area of Memphis

Executive Summary

Qualified investors are presented with the opportunity to acquire Countrywood Crossing, a 118,159-square-foot power center in Cordova, Tennessee. The Property is strategically positioned at the Germantown Parkway exit off I-40, within the heart of the Wolfchase retail district—the primary retail destination in the Memphis MSA. As a dominant center within this node, Countrywood Crossing benefits from exceptional visibility and proximity to key traffic drivers, including Wolfchase Galleria, as well as shadow anchors such as Costco, Kohl’s and Dick’s Sporting Goods, while serving a trade area defined by dense and affluent suburban communities.
The Property features a strong and diversified roster of national tenants, contributing to durable brand equity, customer loyalty, and consistent operating performance. In addition, investors are afforded multiple avenues to enhance value, including two owned outparcel strips, an undeveloped parcel with ground lease potential, and opportunities to capture upside through mark-to-market leasing.
Investors have the ability to purchase the Fun City Parcel in addition to the subject offering.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
118,159 SF
Building Class
B
Year Built
2007
NOI
$2,555,164
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
16.63 AC
Zoning
CA - General Commercial
Parking
924 Spaces (7.82 Spaces per 1,000 SF Leased)
Frontage
250’ on Germantown Pky

Amenities

  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Monument Signage
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • -
  • Jan 0000

Mattress Firm began in 1986 as a mattress retailer and grew from a small set of stores into a nationwide specialty chain. The company sells mattresses, beds, adjustable bases, bedding, and sleep accessories through stores and online. Mattress Firm employs trained Sleep Experts to help customers choose products across major mattress brands and its own Sleepy's label. Mattress Firm operates as a family of brands focused on sleep products and services for household shoppers across the United States.

  • Finance and Insurance
  • -
  • -
  • -
  • Jan 0000

Navy Federal Credit Union was founded during the Great Depression by seven Navy Department employees who wanted affordable loans and a safe place for savings. The company began as a small credit union in 1933 and now serves military members, veterans, Department of Defense employees, and family members as a member-owned, not-for-profit financial cooperative. Navy Federal offers personal banking, credit cards, loans, mortgages, investing, and digital banking, along with business checking, savings, credit cards, loans, and business resources. The company maintains a broad branch and ATM network and supports members through mobile and online banking, fraud protection, and around-the-clock service.

  • Accommodation and Food Services
  • -
  • -
  • -
  • Jan 0000

Pei Wei Asian Kitchen began in 2000 when founder Scott Strode opened the first location in Scottsdale, Arizona. The concept combined quick service with fresh Asian-inspired cuisine cooked in traditional woks. The restaurant quickly became known for its customizable stir-fry bowls, noodles, and dumplings made with high-quality ingredients. Over two decades, Pei Wei expanded nationwide through franchising, becoming one of the largest Asian fast-casual chains in America. The brand emphasizes bold flavors and convenient digital ordering while maintaining affordable prices.

  • Prime Time Fitness, LLC
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Retailer
  • -
  • -
  • -
  • Jan 0000

Ross Dress for Less began as a small family-operated junior department store chain in California and shifted into an off-price format after an investor acquisition in the early nineteen eighties. The company focuses on first-quality, in-season brand name and designer apparel, footwear, accessories, and home fashions offered at everyday discounts. Ross Dress for Less operates as a major off-price retail chain with a broad presence across the United States, along with locations in Guam and Puerto Rico. The business sits within Ross Stores, which also runs dd's DISCOUNTS and has grown from a regional retail start into a large national value retailer.

  • Retailer
  • -
  • -
  • -
  • Jan 0000

Ulta Beauty began in Illinois in 1990 as a beauty retailer built to combine prestige, mass, and salon products in one format. Ulta Beauty now sells cosmetics, fragrance, skin care, wellness, hair care, bath and body products, beauty tools, and salon services through stores, digital platforms, and partnerships. The company maintains a broad U.S. store network and an omnichannel model that supports always-on shopping, discovery, and fulfillment options. The loyalty program supports personalized shopping and service experiences across the business. Ulta Beauty also has an international presence through Space NK, a joint venture in Mexico, and a franchise in the Middle East.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - - - Jan 0000
Finance and Insurance - - - Jan 0000
Accommodation and Food Services - - - Jan 0000
Prime Time Fitness, LLC Retailer - $9.99 Lorem Ipsum Jan 0000
Retailer - - - Jan 0000
Retailer - - - Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2257-111
  • 1,700 SF
  • Retail
  • In-Line
  • 30 Days
Space Size Space Use Position Available
2257-111 1,700 SF Retail In-Line 30 Days

2257-111

Size
1,700 SF
Space Use
Retail
Position
In-Line
Available
30 Days
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Mayweather Boxing + Fitness
Toyota
Cheddar's Scratch Kitchen
Waffle House
Jim ’N Nick’s Bar-B-Q
Jazzercise
Planet Fitness
1st Heritage Credit
Chili's Grill & Bar
Huey's

Property Taxes

Property Taxes

Parcel Number
09-6500-0-0769
Land Assessment
$458,160
Improvements Assessment
$3,086,720
Total Assessment
$3,544,880
  • Listing ID: 41267648

  • Date on Market: 7/13/2026

  • Last Updated:

  • Address: 2257-2273 N Germantown Pky, Cordova, TN 38016

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