Freestanding Medical Office
For Sale
Contact for pricing
1231 E Raines Rd, Memphis, TN 38116
Fully built-out facility with clinical rooms, imaging, laboratory, and pharmacy areas.
Property Size8,988 SF
Days on Market706
Property Features for 1231 E Raines Rd
General Information
Standard status
Active
Size
8,988 SF
Property subtype
OFFICE
Listing Agency:
Cushman & Wakefield | Commercial Advisors - Memphis
(901) 362-4317
Listed By:
William "Matt" Weathersby · License #TN 327959
(901) 362-4317
Source:
Moodyscre
Added: Sep 25, 2024
Changed: Aug 29
Last Checked: Aug 30 at 2:32PM
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 Cushman & Wakefield | Commercial Advisors - Memphis
Investment Insights
Based on property information with market context.
This freestanding medical office building contains 8,988 square feet of brand-new construction. The fully built-out layout includes 12 exam rooms, two X-ray rooms with lead-lined walls, a laboratory, and a pharmacy. The configuration is designed to support dental, optical, physical therapy, and family practice operations.
The property is located at 1231 E Raines Rd in Memphis, Tennessee. Parking includes 28 on-site spaces, supplemented by street parking.
The property is located at 1231 E Raines Rd in Memphis, Tennessee. Parking includes 28 on-site spaces, supplemented by street parking.
Key Highlights
- 8,988 SF freestanding medical office building
- Brand‑new medical office construction
- 12 exam rooms in the clinical layout
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
782
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
Market
Vacancy Rate% for Office in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully built-out facility with clinical rooms, imaging, laboratory, and pharmacy areas.
Where is this medical office space located?
The property is located at 1231 E Raines Rd Memphis, TN.
What are key features of this property?
This property features: 8,988 SF freestanding medical office building; Brand‑new medical office construction; 12 exam rooms in the clinical layout
