8000 Centerview PkwyMemphis, TN 38018

Property Details for 8000 Centerview Pkwy

Year built

1988

Lot size

5.88 AC

Property size (Sq ft)

126,476 SF

Zone code

CMU-2

Property type

Office properties

Property subtype

Office buildings

APN

091-115- - -00003

APU

9111500003

Description

This exceptional five-story office building, totaling 116,082 square feet, is ideally situated at 8000 Centerview Parkway in Memphis, Tennessee, 38018, near the intersection of Germantown Parkway and Walnut Grove. The property offers a variety of office space options, including medical, traditional, executive suites, and coworking spaces, catering to diverse business needs. Units range from a minimum of 1,143 square feet to a maximum contiguous space of 22,194 square feet, making it suitable for businesses of all sizes. Located in Shelby County's Northeast submarket, this single building enjoys a park-like setting and benefits from its strategic location within the Wolf River Medical Corridor. Its proximity to major medical facilities, including Baptist Memorial Hospitals, Methodist LeBonheur, Campbell Clinic, and St. Francis Hospital (all within five miles), provides unparalleled access to a significant patient base. The convenient location also serves businesses and patients from surrounding areas such as Collierville, Germantown, Bartlett, Midtown, and East Memphis. This property presents a unique opportunity for businesses seeking a prestigious and accessible location in a thriving medical and commercial hub. The building's multiple tenancy structure allows for flexibility and adaptability to various business models.

• CAP approach

  CAP return

  Valuation

  6%

  $18,223,186

  6.5%

  $16,821,404

  7%

  $15,619,875

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,860,069

  Geo Method

  $9,860,069

• Alternative Use

  Use

  Valuation

  Residential

  $20,858,540

  Hospitality

  $19,106,310

  Educational

  $15,896,226

  Medical

  $16,442,922

  Retail

  $24,727,462

Location Insight

City

Cordova

County

Shelby

State

Tennessee

Latitude

35.1287

Longitude

-89.7952

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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