NORTH MIAMI BEACH, Fla. (July 3, 2018)—Tiktin Real Estate Investment Services (TREIS), a leading commercial real estate investment sales brokerage firm, has announced the sale of Cordova Village, a 30,000 square-foot shopping center at 1315 North Germantown Parkway in Cordova, TN. The Seller, Cordova TN, LLC, sold the property to HAO Investment Co. for $5.2 million. TREIS President Adam J. Tiktin and Senior Associate Cliff Weisner represented the Seller in the transaction. Closing took place June 29, 2018.
The property is currently 92 percent occupied by tenants that include PPG Paints, Subway and Domino’s Pizza, among others.
Cordova Village is situated on the corner of North Germantown Parkway and Autumn Creek Drive, which experiences traffic counts in excess of 56,000 vehicles per day. The property sits on a 3.05-acre lot with 200 parking spaces as well as multiple points of ingress and egress. For more information, please call 305-363-4750 or 844-4-TIKTIN or visit www.tiktinrealestate.com.
About Tiktin Real Estate Services
Tiktin Real Estate Investment Services (TREIS) is a South Florida-based commercial real estate investment sales brokerage firm specializing in the sale of shopping centers, single-tenant net lease properties and office buildings in Florida. Founded in 2001 by industry veteran Adam J. Tiktin, TREIS is committed to a higher level of service and an unmatched standard of integrity. The investment sales firm is distinguished by its personalized approach, transactional expertise, comprehensive market analysis and aggressive strategies. www.tiktinrealestate.com.