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Class A Multi-Tenant Office Building
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5350 Poplar Ave, Memphis, TN 38119

Centrally located office building offers lobby access, on-site security, and ample parking with an on-site drive-thru bank.

Property Size2,908 SF
Days on Market978

Property Features for 5350 Poplar Ave

General Information

Standard status Active
Size 2,908 SF
Class A
Property subtype OFFICE

Amenities

on-site security
full-service bank with drive-thru
lobby access

Building Details

Tenancy Multi
Listing Agency: Avison Young | Memphis
Listed By: Michael Donahoe · License #296802
Source: Moodyscre
Added: Nov 28, 2023 Changed: Jul 28 Last Checked: Aug 1 at 10:05AM

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 Avison Young | Memphis

Investment Insights

Based on property information with market context.

This Class A, multi-tenant office building includes lobby access and provides on-site security. Ample garage and surface parking are available for occupants and visitors. Suites may be optionally fully furnished for an additional expense.

The property is centrally located in East Memphis with a prestigious Poplar Avenue address, positioned inside the I-240 loop. An on-site full-service bank with drive-thru service is located at the property.

The building is designed for tenants who want a secure, centrally located office environment with convenient parking and a turn-key option for furnished space.

Key Highlights

  • Only Class A multi‑tenant office building in East Memphis inside the I‑240 loop
  • On‑site security
  • Full‑service bank with drive‑thru on site

Property Analytics

Current Use

Movement Mortgage Loan Service Chelsea White, Movement ... Loan Service Trustmark Mortgage Loan Service Chapter 13 Trustee Law Firm Cost-OS, LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Garden Center Kitchen & Bath Showroom Barber Shop Electrical Service Plumbing Service (Bike/Boat/Book/etc) 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,388
Businesses Nearby

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

$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
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Frequently Asked Questions

What type of property is this?
Office building - Centrally located office building offers lobby access, on-site security, and ample parking with an on-site drive-thru bank.
Where is this office building located?
The property is located at 5350 Poplar Ave Memphis, TN.
What are key features of this property?
This property features: Only Class A multi‑tenant office building in East Memphis inside the I‑240 loop; On‑site security; Full‑service bank with drive‑thru on site
(901) 230-0601 Call to check price and availability
More about this property
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