Strong Tenancy: 83% of the property leased to nationally recognized, credit-worthy tenants. Long Lease Term: Average WALT of 7.4 years, with almost 10 years remaining on Kohl’s lease, providing stability and a steady income stream. High Occupancy: Currently, the...
1245 N. Germantown Parkway | Cordova, TN 38016 Prime Location in the Northeast Submarket of the Memphis MSA Easy Access to I-40, Hwy 64 and Germantown Parkway, three major corridors through the Memphis Area Signalized Intersection Area retailers include Petco,...
Offering Memorandum UNDER CONTRACT
Absolute NNN Lease Tenant Exercised Second Option Early Demonstrating Strong Commitment To Location New Prototypical Store Signalized Entrance With Double Drive Thru Attractive 5% Rental Increase For Each Option Tenant Renewal Options: Three (3) Period of Five (5)...
Recently Completely Renovated Exterior of Center Corporate Price Rite Lease 60% Credit Tenants Long-Term Anchor Tenant Leases Very Well-Situated Adjacent to I-890 and on Crosstown Connection (Route 7) and Across From Home Depot High Traffic Counts (48,139 VPD)...
Attractive Assumable Financing Available Value Add Opportunity, $350,000 loss to lease Approximately $1 Million in Recent Capital Improvements Including New Siding, Windows and Doors Completed as of December 2022 on all Buildings On-Site Leasing and Management...