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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
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
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
Founded in 1986, Mattress Firm grew from a small mattress chain into a national specialty retailer focused on mattresses, bedding, adjustable bases, bed frames, pillows, and related sleep products. Following Tempur Sealy's 2025 acquisition, Mattress Firm operates as a decentralized business unit under Somnigroup International while continuing as a multi-branded retailer in the sleep market. The company's assortment includes brands such as Tempur-Pedic, Purple, Serta, and Beautyrest, and the business centers on guided sleep shopping through stores and digital sales channels.
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.
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
- -
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$9.99
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Lorem Ipsum
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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.
Ulta Beauty began in 1990 as a specialty beauty retailer built around offering products at different price points. The company now sells cosmetics, fragrance, skin care, wellness, and hair care products, while also providing salon services and e-commerce shopping. Ulta Beauty maintains a broad market presence in the United States and also reaches international markets through Space NK in the U.K. and Ireland, a joint venture in Mexico, and a franchise in the Middle East. The business combines store-based retail, digital commerce, and salon offerings into a single beauty-focused model.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Retailer | - | - | - | Jan 0000 | |
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Finance and Insurance | - | - | - | Jan 0000 | |
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Accommodation and Food Services | - | - | - | Jan 0000 | |
| Prime Time Fitness, LLC | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 | |
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Retailer | - | - | - | Jan 0000 | |
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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 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-6500-0-0769 | Improvements Assessment | $3,086,720 |
| Land Assessment | $458,160 | Total Assessment | $3,544,880 |




