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2034 Exeter Rd
Germantown, TN 38138
Office Property For Sale


Executive Summary
Crye-Leike Commercial is pleased to present a rare investment purchase opportunity in Germantown. 2034 Exeter Road presents a prime opportunity to acquire a well-located, three-suite office investment property in the heart of Germantown, Tennessee—one of the most desirable suburban office submarkets in the Memphis MSA. Positioned within a professionally maintained office park, this property stands out as arguably the premier building in the development, offering exceptional frontage and visibility along Exeter Road directly across from national retailers including Hobby Lobby and Planet Fitness.
The 2,000 square foot building is currently configured into three professional office suites. Two suites are fully leased, providing stable in-place income and immediate cash flow. The third suite is occupied by the owner/seller, creating an ideal opportunity for a new owner-user to occupy the space while benefiting from the income generated by the existing tenants.
Key Investment Highlights:
• Prime Germantown Location: Highly sought-after East Memphis/Germantown submarket with strong demographics and long-term demand for professional office space.
• Income Stability: Two leased suites provide immediate rental income and risk mitigation.
• Owner-User Opportunity: Vacant suite allows a business owner to control their occupancy costs while building equity.
• Superior Visibility: Prominent frontage on Exeter Road with direct exposure to high daily traffic counts and proximity to major retail anchors.
• Professional Setting: Located within a well-maintained office park environment conducive to medical, professional, or service-oriented users.
Call today to schedule a tour: 901-262-2055 901-758-5670
The 2,000 square foot building is currently configured into three professional office suites. Two suites are fully leased, providing stable in-place income and immediate cash flow. The third suite is occupied by the owner/seller, creating an ideal opportunity for a new owner-user to occupy the space while benefiting from the income generated by the existing tenants.
Key Investment Highlights:
• Prime Germantown Location: Highly sought-after East Memphis/Germantown submarket with strong demographics and long-term demand for professional office space.
• Income Stability: Two leased suites provide immediate rental income and risk mitigation.
• Owner-User Opportunity: Vacant suite allows a business owner to control their occupancy costs while building equity.
• Superior Visibility: Prominent frontage on Exeter Road with direct exposure to high daily traffic counts and proximity to major retail anchors.
• Professional Setting: Located within a well-maintained office park environment conducive to medical, professional, or service-oriented users.
Call today to schedule a tour: 901-262-2055 901-758-5670
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Building Size
2,000 SF
Building Class
B
Year Built
1984
Price
$679,994 CAD
Price Per SF
$340.00 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,771 SF
Building FAR
0.42
Lot Size
0.11 AC
Zoning
C2
Parking
10 Spaces (5.65 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | G0-220D-G0-0031 | Improvements Assessment | $41,024 CAD |
| Land Assessment | $33,974 CAD | Total Assessment | $74,997 CAD |
Property Taxes
Parcel Number
G0-220D-G0-0031
Land Assessment
$33,974 CAD
Improvements Assessment
$41,024 CAD
Total Assessment
$74,997 CAD
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