434 S Germantown Pky
Cordova, TN 38018
International Car Wash Group · Specialty Property For Sale · 2,774 SF

The subject property is located at 434 Germantown Parkway in Cordova, Tennessee. Cordova is a community in Shelby County and lies just east of Memphis. The majority of Cordova has been annexed by the City of Memphis, and the two economies work together in tandem. Surrounding Retail and Points of Interest The subject property benefits from its close proximity to major national and local retailers which include: Walmart, CVS, Target, Kroger, Lowes, Office Depot, Walgreens, Chipotle, McAllister's Deli, Panera Bread, McDonald’s, Subway, Chick-fil-A, Taco Bell, Moe’s Southwest Grill, Waffle House, as well as many more. The subject property is also located five miles from Baptist Memorial Hospital – Memphis. Baptist Memorial is one of Tennessee’s highest volume medical centers, located on an 80-acre campus that is also home to Baptist Memorial Hospital for Women, the Spence and Becky Wilson Baptist Children’s Hospital, Baptist Memorial Restorative Care Hospital, Baptist Heart Institute, Baptist Women’s Health Center and five physicians’ office buildings. Traffic Counts and Demographics There are approximately 163,741 individuals residing within a five-mile radius of the property with an average household income exceeding $109,000. The subject property also benefits from its location on Germanton Parkway which experiences average daily traffic counts of 56,494 vehicles. Germantown Parkway intersects with Wolf River Boulevard and Walnut Grove Road which bring in an additional 22,522 and 67,603 vehicles per day, respectively, to the immediate area. Memphis, Tennessee Memphis is the birthplace of Rock n’ Roll and the home of the Blues. It’s also home to the National Civil Rights Museum, Beale Street, the Memphis Rock and Soul Museum, the National Ornamental Metal Museum and Graceland, the second most visited residence in the United States. Memphis still has a vibrant music scene to this day, with live music each night on Beale Street and in most areas of the city. But music is not Memphis’ only export; these days, most goods come through Memphis and its transportation and logistics infrastructure. Not only is the airport the second largest cargo airport in the world – a fact attributable to FedEx’s “Super Hub” – but Memphis sits at a crossroads of what is called the four R’s: Railroads, Runways, Roads, and the Mississippi River. The city is also home to several Fortune 500 companies, including AutoZone, International Paper, and FedEx, as well as St. Jude Children’s Research Hospital and the Memphis Grizzlies. Every year, Beale Street and Downtown’s Tom Lee Park are transformed into a sea of music, pork and people during the Memphis in May International Festival. This month long celebration draws tens of thousands of visitors every spring and features the world-famous Beale Street Music Festival, World Championship Barbecue Cooking Contest and several international events honoring a different foreign country every year.