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1250 N Germantown Pkwy

Memphis, TN
Total Size
153,000 sqft
Year Constructed
Year Renovated
Building Class

About 1250 N Germantown Pkwy

Parkway Place is a mixed use development on 20 acres of land located in the heart of one of Memphis’ most vibrant commercial corridors. The property is well positioned on Germantown Parkway in Memphis, TN. This portion of Germantown Parkway (a six lane road) has traffic counts exceeding 68,210 vehicles per day. This asset is located between Memphis’ largest and most successful regional mall, Wolfchase Galleria mall, and the city of Germantown, Memphis’ most affluent community.

The assets that comprise Parkway Place consist of Chili’s ground lease fronting Germantown Parkway, a 62,000 SF landmark neighborhood shopping center, a freestanding 14,400 SF Primary Care facility, a 70,700 single story office facility leased on a net basis, a 2.5 acre office pad site fully improved with utilities, parking lot, streetscape, curb, gutter and fiber optic cable. - Number of buildings: 4 - Building condition: Excellent - Tenancy: Multiple Tenants

Internet Providers for 1250 N Germantown Pkwy

Provider Technology Max Download Speed Max Upload Speed
Comcast Cable
1 Gb/s
25 Mb/s
tw telecom of tennessee llc Fiber
50 Mb/s
50 Mb/s
AT&T Tennessee DSL
25 Mb/s
3 Mb/s
MegaPath Corporation Copper Wireline
6 Mb/s
6 Mb/s

The Market: Memphis

The typical asking rate per listing is in the $20's per square foot per year. The Memphis submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 14% decline in rent.

Compared to the rest of the Memphis market, the Memphis region has lower rates, so you should have no trouble finding a great deal in this discounted region.

Median Rate Median Size

Median Rate over Time in Memphis