Medical Office Space with Rear
For Lease
$1,400/Mo
1107 E RAINES Rd, Memphis, TN 38116
Rental Properties, Memphis, TN
Space SizeContact for details
Lot Size0.47 Acres
Days on Market43
Property Features for 1107 E RAINES Rd
General Information
Property type
Commercial Lease
Property subtype
Other
Subdivision
MOSBYS WHITEHAVEN
Standard status
Active
Lot size
0.47 Acres
Amenities
additional parking
handicap ramps
Building Details
Year built
1951
Listing Agency:
Pinnacle Realty
(901) 707-7700
Listed By:
Jo Mathes · License #272839
(901) 490-0092
Added: Aug 4
Changed: Sep 3
Last Checked: Sep 15 at 4:06AM
MLS# 10227625
Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This medical office space is offered for lease at 1107 E RAINES Rd in Memphis, Tennessee. The property includes handicap ramps at the rear and additional parking. Built in 1951, the site encompasses 0.47 acres and carries a 38116 postal code. A minimum lease term of 2 years applies. The offering is positioned for office-oriented occupancy, with the source information also identifying medical office, retail, and beauty or barber applications.
Key Highlights
- Medical office space available for lease
- 0.47‑acre property
- Rear handicap ramps
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
801
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 38116, TN
39,107
Population
18,526
Households
2.1
Avg Household Size
35
Median Age
21%
College-Educated
88%
High-School Grad
19.6 sq mi
ZIP Area
1,995
Density / Sq Mi
$44,663
Median Household Income
$31,593
Median Earnings
$1,035
Median Rent
$125,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Memphis, TN
$16.16 /SF/Yr
Avg Asking Price
$10.27–$25 /SF/Yr
Price Range
8,569 SF
Avg Space Size
Vacancy Rate% for Office in Memphis, TN
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Similar Off Market Nearby
- Dr. Berry Michelle DVM — 2651 Union Avenue Exit, Memphis, TN 38112, United States
Frequently Asked Questions
What type of property is this?
Medical Office Space - The property includes rear handicap ramps and additional parking.
Where is this medical office space located?
The property is located at 1107 E RAINES Rd Memphis, TN.
What is the lease rate?
The lease rate is $1,400/Mo.
What are key features of this property?
This property features: Medical office space available for lease; 0.47‑acre property; Rear handicap ramps
