Germantown Class A Office

Office for Sale
Catylist Listing ID: 30003583
Property Subtypes: Business Park, Medical, Office Building
Building Size (RSF): 2,327 SF
Gross Building Area: See Agent
Sale Price: $595,000
Unit Price: $255.69 PSF
Property Use Type: Vacant/Owner-User
Building Name: Professional Plaza
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/1/2018

Overview / Comments

CRYE-LEIKE COMMERCIAL is pleased to present a Class A office opportunity in the heart of Germantown's professional office district. This is a ground floor office condo sharing approximately 1/2 of a freestanding medical building. Interior finishes mirror the upscale exterior with high ceilings, granite surfaces and wide crown molding throughout. The operatory area features 7 large windows strategically positioned to view an immaculately landscaped, park-like setting outside. Ample 7:1 parking stretches in either direction at the front door. Ideally suited for professional, medical, dental, architecture, photography, law office, real estate, healthcare.

The office features a large executive office with a private restroom, lab, consultation office, office manager's office, reception area, x-ray room and open operatory area. Common areas could be easily converted to suit with minimal interior modifications.

Common restrooms are located in the main lobby just inside the building entrance. In addition to the physician's private restroom the subject unit features a private staff restroom.

The building is located on Professional Plaza Drive which connects Poplar to Poplar Pike. The immediate area boasts a wide range of amenities such as Target, Fresh Market, Walgreens and Sprouts Fresh Market to name a few.

Additional Details

Nearest MSA: Memphis
County: Shelby
Property Located Between: Poplar Avenue and Poplar Pike
Property Visibility: Excellent
Number of Stories: 1
Year Built: 1999
Roof Type: Hip
Construction/Siding: Brick
Parking Ratio: 7 (per 1000 SF)
Parking Type: Structure
Total Parking Spaces: 17

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,984 49,234 154,413
Median Age: 47.73 41.48 38.79
Households: 1,856 18,483 57,659
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