This Retail Property is no longer advertised on LoopNet.com.

675 N Germantown Pky
Cordova, TN 38018
T- Mobile · Retail Property For Sale

Investment Highlights

  • ±11.50-Years remaining on the base term of a 20-year ground lease
  • T-Mobile is currently paying Hardee’s $10,000 per month ($3,125 more than the base rent of the original lease)
  • Absolute NNN lease with zero landlord responsibilities
  • T-Mobile is on a sublease from a Hardee’s franchisee (sublease runs through July 2031 w/ three. 5-year options)
  • Attractive 10% rent increases every 5-years (next increase is in December 2026)
  • The Franchisee operates 32 Hardee’s locations and 6 7Brew locations

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,987 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.99 AC
Zoning
IH - Industrial

Amenities

  • Signage
  • Signalized Intersection
  • Listing ID: 36759919

  • Date on Market: 7/16/2025

  • Last Updated:

  • Address: 675 N Germantown Pky, Cordova, TN 38018

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