815-823 Exocet Dr • Cordova, TN 38018
Year Purchased: 2022
Purchase Amount: $4,750,000.00
Equity: $2,300,000.00
Patriot Square was purchased in March 2022 and is a 51,619 square foot multi-tenant neighborhood shopping center located in Cordova, TN (Memphis MSA). Built in 1997, the property boasts a strong group of e-commerce resistant tenants, including several popular restaurants. With a diverse tenant base and a desirable, high-traffic location, Patriot Square has a proven operating history and with its 97% occupancy, offers cash flow stability with built-in rent increases.