Shops at Cordova Station
Property Type: Retail | Property Status: Sold
Property Details
Price: $3,795,000
CAP Rate:
Square Feet:
Tenancy Type: Mixed
Lease Type: NNN
Location Info
Address: 1010-1034 N. Germantown Parkway
City: Memphis
State: TN
Zip: 38018
Property Description
Short Description:
The Cooper Commercial Investment Group is pleased to announce the sale of The Shops at Cordova Station, a 18,950 S.F. retail center located in the Cordova neighborhood of Memphis, Tennessee. Bob Havasi and Dan Cooper of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the owner, an East Coast private investment group whom Bob and Dan have worked with on both the buy and sell side on several occasions. The New Hampshire buyer, whom was found within the first 21 days of marketing the property for sale, purchased the property for $3,795,000, representing an 8.01% CAP Rate and approximately 91% of the list price.
Details