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Priced at $350,000, the office property at 2135 Merchants Row in Germantown, Tennessee, is available for sale with a listed cap rate of 10%. The offering is one of four buildings along the west wall of Merchant's Row Office Condos. That position within an office condominium setting gives the address a specific place in Germantown's commercial landscape, in the suburban Memphis market. For investors, the asking price and stated cap rate provide a starting point for evaluating the acquisition against other office offerings. Prospective owner-users could consider the property for professional services, consulting, or administrative functions, subject to their operational requirements and applicable approvals. Germantown's broader context as an established Memphis suburb may also be relevant to businesses seeking a suburban office address. The combination of an office asset, a defined condominium setting, and a Germantown location makes the listing relevant to both investment and business-ownership searches.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.