Shops at Cordova Station

Property Type: | Property Status: Sold

Shops at Cordova Station

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.