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Office Space Near Major Interchange
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5909 Shelby Oaks Dr, Memphis, TN 38134

Large office space totaling 45,500 square feet, located near the I-240/I-40 interchange.

Property Size154 SF
Days on Market519

Property Features for 5909 Shelby Oaks Dr

General Information

Standard status Active
Size 154 SF
Property subtype OFFICE

Additional Details

Highway Access Yes
Listing Agency: Belz Enterprises
Listed By: Morris Thomas
Source: Moodyscre
Added: Feb 28, 2025 Changed: Jul 28 Last Checked: Aug 1 at 6:57AM

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 Belz Enterprises

Investment Insights

Based on property information with market context.

This listing offers 45,500 square feet of office space for rent. The property is described as an award-winning office space.

The location is approximately one mile from the I-240/I-40 interchange and about 20 minutes from Memphis International Airport.

If you’re considering space for a growing team, this offering provides a substantial office footprint in a convenient access corridor.

Key Highlights

  • 45,500 sq ft office space available
  • About one mile from the I‑240/I‑40 interchange
  • Approximately 20 minutes from Memphis International Airport

Property Analytics

Current Use

The Premier Enterprise Advertising Agency SR Consulting, LLC General Contractor Pomeroy IT Solutions ... (Bike/Boat/Book/etc) Store Joseph Alexander: Allstate ... Insurance Agency Larry A Weissman Law ... Law Firm

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Skin Care Clinic Electrical Service Grocery & Convenience Store

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

670
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

$17.95 /SF/Yr
Avg Asking Price
$0.7–$26 /SF/Yr
Price Range
30,262 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Large office space totaling 45,500 square feet, located near the I-240/I-40 interchange.
Where is this office building located?
The property is located at 5909 Shelby Oaks Dr Memphis, TN.
What are key features of this property?
This property features: 45,500 sq ft office space available; About one mile from the I‑240/I‑40 interchange; Approximately 20 minutes from Memphis International Airport
(901) 260-7234 Call to check price and availability
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