The Office Space Search Engine

Search 1000s of commercial spaces by size, location, and price.

1250 N Germantown Pkwy

Memphis, TN
Floors
1
Total Size
153,000 sqft
Zoning
CMU-3
Year Constructed
2002
Year Renovated
0
Building Class

Current Availabilities

Dec 03
ago
Retail
  • Max Size: 6,790 sqft
  • Min Size: 6,790 sqft

Parkway Place

Parkway Place is a 152,665 square foot mixed use development featuring approximately 62,000 square feet of retail fronting Germantown Parkway and bordered to the south by Cordova Road, an eight lane signalized intersection. There is a 60 foot side visibility corridor on each of the two drives accessing Germantown Parkway to ensure visibility of the tenants from the Parkway. Average daily traffic counts on Germantown Parkway exceed 46,407 vehicles per day. The Property is served by dual, independent sources of fiber optic running underground to the building location. Other Parkway Place retailers include: Kooky Canuck, Bonefish Grill, Petco, Party City, Sake, Crazy Italians, Memphis Sewing, Farm Bureau Insurance, and Automation Personnel Service.

Features - Availabilties from 1,571 to 6,792 SF - Located directly on Germantown Parkway with daily traffic counts in excess of 46,407 vehicles per day - Immediate occupancy

Listing agent for this listing
Andrew Phillips, Colliers International

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 region is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.

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

Median Rate Median Size
$20
/sqft/yr
2,630
sqft

Median Rate over Time in Memphis