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Medical Office with Rear Ramps
New
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 Market1

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 rampes

Building Details

Year built 1951
Listing Agency: Pinnacle Realty
Listed By: Jo Mathes
Added: Oct 19 Last Checked: Oct 19 at 4:06PM
MLS# 10232744

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.

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Investment Insights

Based on property information with market context.

This medical office property at 1107 E Raines Road in Memphis was built in 1951 and occupies a 0.47-acre parcel. Rear handicap ramps and additional parking are among its features. The space is presented for medical, beauty or barber, office, and retail use.

A minimum two-year lease term applies.

Key Highlights

  • 0.47‑acre parcel in Memphis
  • Built in 1951
  • Rear handicap ramps

Property Analytics

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Current Use

Klein Marvin L ... Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Skin Care Clinic Kitchen & Bath Showroom Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

801
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property 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
9,639 SF
Avg Space Size

Vacancy Rate% for Office in Memphis, TN

14.6% 2019
15% 2020
16.8% 2021
16.2% 2022
17.3% 2023
16.7% 2024
17.6% 2025

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 - Rear accessibility ramps and additional parking support a range of professional and retail uses.
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: 0.47‑acre parcel in Memphis; Built in 1951; Rear handicap ramps
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