East Memphis Office Building
For Lease
$21 SF/Yr
5384 Poplar Avenue, Memphis, TN 38119
Five-story office building in the heart of East Memphis.
Space SizeContact for details
Days on Market273
Property Features for 5384 Poplar Avenue
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
(901) 260-1058
Listed By:
Don Drinkard
(901) 260-1058
Source:
Cbre
Added: Nov 22, 2025
Changed: Jul 6
Last Checked: Aug 22 at 9:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Don Drinkard
Investment Insights
Based on property information with market context.
The Hobson Building, a five-story office building constructed in 1972 and renovated in 2019, is situated in the heart of East Memphis. Its location provides convenient access to Germantown, Collierville, and Downtown within a 20-minute drive. The property is also within walking distance of numerous restaurants and shopping destinations. The building offers 12,538 square feet of office space and is available for rent at a rate of $21 per square foot.
Key Highlights
- Highly convenient and accessible East Memphis location.
- Renovated in 2019.
- Central location in East Memphis.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,492
Businesses Nearby
Explore this area
Business Placement
Demographics for 38119, TN
23,997
Population
10,521
Households
2.3
Avg Household Size
39
Median Age
53%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
2,727
Density / Sq Mi
$86,325
Median Household Income
$53,068
Median Earnings
$1,336
Median Rent
$279,100
Median Home Value
Market
Lease Benchmarks for Memphis, TN
$21.33 /SF/Yr
Avg Asking Price
$10.63–$35 /SF/Yr
Price Range
26,530 SF
Avg Space Size
This space is priced 2% below the average of $21.33 /SF/Yr.
Vacancy Rate% for Office in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Five-story office building in the heart of East Memphis.
Where is this office building located?
The property is located at 5384 Poplar Avenue Memphis, TN.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Highly convenient and accessible East Memphis location.; Renovated in 2019.; Central location in East Memphis.
