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894 N Germantown Pky
Cordova, TN 38018
Suburban Office Building with Cash Flow · Office Property For Sale

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INVESTMENT HIGHLIGHTS

  • Owner/Occupant Opportunity with Cash Flow
  • Incredible Signage/Exposure

EXECUTIVE SUMMARY

CRYE-LEIKE COMMERCIAL is pleased to present a first-rate multi-tenant office building now available in a prime Cordova location. Two story brick office building with four-sided parking (90 surfaced spaces), situated on highly visible Germantown Parkway. Includes an available bank branch complete with drive-through. Entire top floor available for an owner/user opportunity. Solid first floor lease income in place to offset the costs of ownership. This landmark building features high visibility signage to over 60,000 vehicles per day on Cordova's prime commercial corridor. Easy walk-ability to the adjacent Shelby Farms Greenline access point. Quick access to Poplar Avenue and I-40 with close proximity to major big box retail, national and local restaurant chains, hotel accommodations, and full-service amenities. Contact us today for a private tour (901) 262-2055

PROPERTY FACTS

Sale Type
Owner User
Property Type
Office
Building Size
22,208 SF
Building Class
B
Year Built
1988
Price
$3,600,000
Price Per SF
$162.10
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,104 SF
Slab To Slab
12’
Building FAR
0.35
Lot Size
1.46 AC
Zoning
CL
Parking
85 Spaces (3.82 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage

ABOUT 894 N GERMANTOWN PKY , CORDOVA, TN 38018

CRYE-LEIKE COMMERCIAL is pleased to present a first-rate multi-tenant office building now available in a prime Cordova location. Two story brick office building with four-sided parking (90 surfaced spaces), situated on highly visible Germantown Parkway. Ground level includes a Pinnacle bank branch complete with drive-through. This is a solid investment opportunity with existing lease income perfectly suited for a user/buyer. This property features high visibility signage to over 60,000 vehicles per day on Cordova's prime commercial corridor. Easy walk-ability from property to Shelby Farms Greenline access point. Quick access to Poplar Avenue and I-40 with close proximity to major big box retail, national and local restaurant chains, hotel accommodations, and full-service amenities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-1038-0-0003
Land Assessment
$346,560
Improvements Assessment
$259,240
Total Assessment
$605,800
  • Listing ID: 13690775

  • Date on Market: 9/4/2018

  • Last Updated:

  • Address: 894 N Germantown Pky, Cordova, TN 38018

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