Tim Hickey - Commercial Real Estate Showcase

Tim Hickey Property Listings
Market Street Retail Advisors
112 Westwood Pl
Suite 360
Brentwood, TN 37027
(615) 309-6100
(615) 523-4990

7990 Trinity Road - Trinity Place Center - Trinity Place - Retail

NWC Germantown Pkwy & Trinity Rd
Cordova, TN 38018-7730 - Cordova Ret Submarket

Property Type:Retail Sub Type:Storefront Status:Existing Year Built:1999
Building Size:47,923 SF Land Area:4.62 AC (201,247 SF)
For Sale Price:For Sale Price/SF:-
Cap Rate:7.50 %
Parking:Free Surface spaces are available; Ratio of 10/1,000 SF Anchor Tenants:McAlister's Deli
Features:Pylon Sign, Signalized Intersection

Located on the northwest corner of Germantown Parkway and Trinity road, The Trinity Place shopping center is a unique integration of upscale retail, Class A office and a McAlisters Restaurant. The building is L shaped with retail wings on each side f a two story office building in the middle; the building is facing southeast and toward the intersection. The Mcalister's Restuarant occupies the end-cap closest to Germantown Parkway.

Sale Notes:
The subject property is an approximate 47,923 square foot shopping center located at the corner of Germantown Parkway and Trinity Road in Cordova, Tennessee. The property is positioned at a lighted intersection with numerous points of ingress and egress. Germantown Parkway is one of the Memphis MSA' s primary commercial thoroughfares with over 61,400 VPD and contains over 2.5 million square feet of retail including Wolfchase Galleria, the largest regional mall on Memphis. The property is configured in an L-shaped design allowing for numerous points of exposure from both Germantown Parkway and Trinity Road. The Property was developed in 1999 which includes both Retail and Office space. Located on adjacent outparcel (not included in this offering) is First Tennessee Bank with over $84M in Bank Deposits. Trinity Place is currently over 89% leased with a mix of National and Regional Tenants. The property is anchored by DaVita Dialysis and McAlister's Deli.

Other traffic generators and further retail within the immediate area include Super Walmart, Super Target, Starbucks, Panera Bread, Kroger, Walgreen' s, Taco Bell, Pizza Hut, Baskin Robbins, GameStop and Payless Show Source.

Market Street Retail Advisors
Tim Hickey
(615) 309-6100

RDO Investments LLC
Ryan D O'Connell
(602) 595-4000

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