7628 Farmington Blvd
Germantown, TN 38138
Fidelity Investments · Retail Property For Sale

This is a NNN lease with two additional 5-year options to renew both with 10% rental increases. Fidelity has been in operation in this location since 2006 and recently extended their lease for another 5 years showing commitment to the site. Fidelity Investments is an investment grade credit tenant, rated A+ by Standard & Poor's. This 6,000 square foot building is a versatile 2006 brick construction, offering little to no deferred maintenance and numerous uses in the future if necessary which include retail, professional office or medical office. Fidelity is located in an excellent retail market, surrounded by some of the biggest and well-known brands in the world including Apple, McDonald’s, Walgreens, Starbucks, Brooks Brothers, Panera Bread, Whole Foods, J Crew and Anthropologie to name a few. This is the core retail hub of Germantown Tennessee, with Fidelity located across from the Shops of Saddle Creek, Exeter Village Shopping Center, Germantown Village Shopping Center and directly adjacent to Walgreens. This location offers tremendous visibility and access from W Farmington Blvd which carries over 20,000 V.P.D. and is one parcel down from the intersection of S Germantown Rd and W Farmington Blvd with combined traffic counts of 69,000 V.P.D. The area boasts strong and growing demographics with the average household income in the 1 and 3 mile rings at roughly $130,000 and population density of 190,000 within 5 miles. This is also a key municipal services location that includes the Germantown City Courthouse, Germantown Community Library, Germantown Performing Arts Center, Methodist Le Bonheur Germantown Hospital and Children’s Hospital and Germantown High School. Germantown is a suburb of and located and just 21 miles from Memphis. Germantown's economy is dominated by the retail and commercial service sector. It is one of the few cities in the nation with a triple-A bond rating from Moody's and Standard & Poor's. It has the lowest crime rate for any city its size in the state.