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Office Building in Northeast Submarket
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5775 Summer Trees Drive, Memphis, TN 38134

Single-story office building with ample parking in a growing area.

Space Size36,250 SF
Days on Market290

Property Features for 5775 Summer Trees Drive

General Information

Standard status Active
Size 36,250 SF
Property subtype Office

Spaces For Lease

at 5775 Summer Trees Drive Contact us

Suite 100

Size
36,250 SF
Type
Office
Availability
Available
Contact us
Listing Agency: CBRE | Memphis
Listed By: Patrick Reilly · License #01504114
Source: Cbre
Added: Nov 22, 2025 Changed: Sep 8 Last Checked: Sep 8 at 4:02AM

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 CBRE | Memphis

Investment Insights

Based on property information with market context.

This single-story office building, constructed in 1979, is situated in the Northeast Submarket. The property offers 36,250 square feet of space. It is located in close proximity to the I-40/I-240 exchange. There are 228 surface parking spaces available.

Key Highlights

  • Located in the booming Northeast Submarket
  • Close proximity to I‑40/I‑240 exchange
  • 228 surface parking spaces available

Property Analytics

Current Use

Advertising Checking Bureau Advertising Agency

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic Law Firm Electrical Service Grocery & Convenience Store Pharmacy

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

562
Businesses Nearby

Demographics for 38134, TN

41,760
Population
15,685
Households
2.7
Avg Household Size
35
Median Age
21%
College-Educated
86%
High-School Grad
18.6 sq mi
ZIP Area
2,245
Density / Sq Mi
$61,172
Median Household Income
$39,185
Median Earnings
$1,147
Median Rent
$184,400
Median Home Value

Market

Lease Benchmarks for Memphis, TN

$19.89 /SF/Yr
Avg Asking Price
$12.6–$24 /SF/Yr
Price Range
21,838 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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Single-story office building with ample parking in a growing area.
Where is this office building located?
The property is located at 5775 Summer Trees Drive Memphis, TN.
What are key features of this property?
This property features: Located in the booming Northeast Submarket; Close proximity to I‑40/I‑240 exchange; 228 surface parking spaces available
More about this property
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