Date Listed:
Feb 28, 2025
Last Updated:
Feb 28, 2025
For Lease: Watertower Place 8-10 Retail Suites
3164 Forest Hill Irene Rd Germantown, TN 38138
Retail | 8 spaces available | 1,150 sq. ft. - 3,990 sq. ft.
$28 SF / YR ( )
Overview
Timeline
Building Details
Property Type:
Retail
Subtype:
retail, restaurant
Tenancy:
Multiple
Total Building SQFT:
17,000
Minimum Divisible SQFT:
1,400
Max Contiguous SQFT:
3,990
Total Building Suites:
10
Year Renovated:
2025
Buildings:
1
Stories:
1
Cross Street:
Poplar Pike
Zoning:
Commercial
Building Description
CRYE-LEIKE COMMERCIAL is excited to announce the redevelopment of WATERTOWER PLACE in Germantown! This stunning 17,000-square-foot retail center is strategically located at the high-traffic intersection of Poplar Pike and Forest Hill Irene. Nearby retail developments include class A centers like Shoppes of Forest Hill Target, Sprouts, Fresh Market, Congregation Coffee, and Corporate Gardens. Watertower Place is set to become a premier shopping and dining destination for Germantown and Collierville residents.
Uniquely positioned at the Germantown and Collierville border, Watertower Place is anticipated to pull a significant customer base from both communities as well as heavy drive-by traffic exposure. Pre-leasing is now underway for 8-10 retail suites, with an anchor restaurant featuring outdoor dining planned for the end cap. Proposed tenants include high-end fashion, design, and home retail brands, creating a vibrant mix of shopping and lifestyle experiences. Exterior upgrades are already in progress, with additional suites available to complete this exciting development. Are you ready to move to Germantown? Call today to schedule a tour or request additional information? 901.262.2055 901.758.5670
Building Highlights
Now pre-leasing spaces from 1150 - 5000 SF.
Planned exterior upgrades
Up to 9 suites available
High visibility intersection
Anchor Restaurant Tenant (proposed)
28.00 PSF + OPEX (TBD)
5-10 year lease terms
Delivery anticipated 4th quarter 2025
3164 Forest Hill Irene Rd Spaces
Suite 102
$28 / SF / YR
1,295 SF
Space / Unit:
Suite 102
Space Subtype:
retail
RSF:
1295
Min Contiguous SF:
1295 SF
Max Contiguous SF:
2590 SF
Rate (Per SF):
$28
Total Rate (Per SF/YR):
$28
Lease term:
5+ years
Rate:
$28/SF/YR
Days on Market:
54 Days
Lease Type:
NNN
Listing Type:
Direct
Suite 106/107
$28 / SF / YR
1,285 SF
Space / Unit:
Suite 106/107
Space Subtype:
retail
RSF:
1285
Min Contiguous SF:
1285 SF
Max Contiguous SF:
7080 SF
Rate (Per SF):
$28
Total Rate (Per SF/YR):
$28
Lease term:
5+ years
Rate:
$28/SF/YR
Days on Market:
54 Days
Lease Type:
NNN
Listing Type:
Direct
Suite 101 - Anchor Restaurant
$28 / SF / YR
3,990 SF
Space / Unit:
Suite 101 - Anchor Restaurant
Space Subtype:
restaurant
RSF:
3990
Min Contiguous SF:
1400 SF
Max Contiguous SF:
3990 SF
Rate (Per SF):
$28
Lease term:
5+ years
Rate:
$28/SF/YR
Days on Market:
54 Days
Lease Type:
NNN
Listing Type:
Direct
Endcap proposed anchor restaurant space. Up to approximately 3990 SF available. Exposed high ceilings, stained concrete floors, floor to ceiling glass and options for outdoor patio dining.
Suite 103
$28 / SF / YR
1,295 - 2,590 SF
Space / Unit:
Suite 103
Space Subtype:
retail, restaurant
Min Contiguous SF:
1295 SF
Max Contiguous SF:
2590 SF
Rate (Per SF):
$28
Lease term:
5+ years
Rate:
$28/SF/YR
Days on Market:
54 Days
Lease Type:
NNN
Listing Type:
Direct
Suite 108
$28 / SF / YR
1,470 SF
Space / Unit:
Suite 108
Space Subtype:
retail
RSF:
1470
Min Contiguous SF:
1470 SF
Max Contiguous SF:
2620 SF
Rate (Per SF):
$28
Lease term:
5+ years
Rate:
$28/SF/YR
Days on Market:
54 Days
Lease Type:
NNN
Listing Type:
Direct
Suite 104
$28 / SF / YR
1,295 SF
Space / Unit:
Suite 104
Space Subtype:
retail
RSF:
1295
Min Contiguous SF:
1295 SF
Max Contiguous SF:
2590 SF
Rate (Per SF):
$28
Lease term:
5+ years
Rate:
$28/SF/YR
Days on Market:
54 Days
Lease Type:
NNN
Listing Type:
Direct
Suite 109
$28 / SF / YR
1,150 SF
Space / Unit:
Suite 109
Space Subtype:
retail, restaurant
RSF:
1150
Rate (Per SF):
$28
Lease term:
5+ years
Rate:
$28/SF/YR
Days on Market:
54 Days
Lease Type:
NNN
Listing Type:
Direct
Suite 105
$28 / SF / YR
1,295 SF
Space / Unit:
Suite 105
Space Subtype:
retail
RSF:
1295
Min Contiguous SF:
1295 SF
Rate (Per SF):
$28
Total Rate (Per SF/YR):
$28
Lease term:
5+ years
Rate:
$28/SF/YR
Days on Market:
54 Days
Lease Type:
NNN
Listing Type:
Direct
Location around 3164 Forest Hill Irene Rd
Listing Contacts
Additional Information
Broker of Record:
Eric Fuhrman
Broker of Record: Company Name:
CRYE-LEIKE COMMERCIAL
Broker of Record: License Type:
TN TN 291774
Broker of Record: Phone Number:
Call
Undisclosed Rate
Shops of Forest Hill
Retail • 2 spaces available • 1,400 sq. ft. - 14,393 sq. ft.
Request Info
Undisclosed Rate
The Fresh Market Center
Retail • 1 space available • 2,326 sq. ft.
Request Info
Undisclosed Rate
9451 Poplar Ave
Retail • 1 space available • 1,373 sq. ft.
Request Info
Undisclosed Rate
The Square at Forest Hill
Retail • 22 spaces available • 1,200 sq. ft. - 2,400 sq. ft.
Request Info
Undisclosed Rate
Houston Levee Galleria
Retail • 2 spaces available • 1,440 sq. ft. - 4,125 sq. ft.
Request Info
$32/SF/YR
Houston Levee Market (@ Winchester)
Retail • 1 space available • 1,340 sq. ft.
Request Info
$22/SF/YR
7948 Winchester | Winchester Commons
One in-line suite available in highly visible Winchester Commons Shopping Center
Request Info
Undisclosed Rate
Centennial Crossing
Retail • 4 spaces available • 1,500 sq. ft. - 3,180 sq. ft.
Request Info
$15 - $25/SF/YR
Centennial Village
Retail • 3 spaces available • 1,528 sq. ft. - 5,600 sq. ft.
Request Info
Undisclosed Rate
Almadale Commons
Retail • 1 space available • 73,000 sq. ft.
Request Info
Undisclosed Rate
Shelby Square
Retail • 5 spaces available • 1,160 sq. ft. - 11,900 sq. ft.
Request Info
Is there information that looks off? Report