Germantown Collection — Sale in Germantown, TN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Germantown, TN 38138

Description

Germantown Collection, a Trader Joe’s anchored 108,289 SF specialty retail center located in Germantown, TN, the Memphis MSA’s most established and affluent suburb. Further anchored by The Container Store, Germantown Collection represents the premier grocery anchored retail destination in the trade area, and the only Trader Joe’s and The Container Store locations within the 1.3M person Memphis MSA.

Market Context

This retail in Germantown, TN is listed for sale. It has been on the market for 141 days. Compare it against other retail listings for sale in Germantown, TN — view the full market.

As of Q1 2026, the Memphis retail market showed a 4.2% vacancy rate, average asking rents near $25.56/SF/yr, and cap rates around 7.0%. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in Memphis?
About 7.0% as of Q1 2026, per multiple brokerage reports.
Is the Memphis retail market tightening or softening?
Vacancy is around 4.2% (Q1 2026).

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