Listing Agency: r***@cbre.com Show Phone

Listed By: Ron Kastner Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 23 Last Checked: Aug 24 at 8:20AM

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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 Ron Kastner

Investment Insights

Based on property information with market context.

A new building is under construction and will be available in 2026. It is located in the East Memphis submarket, approximately 2 minutes from Poplar Avenue. The property size is 36284 square feet.

Key Highlights

• Located in the booming East Memphis submarket.
• New Building being constructed.
• Available in 2026.

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Restaurant Auto Parts Store Storage Facility

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

695

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

$21.61 /SF/Yr

Avg Asking Price

$10.63–$35 /SF/Yr

Price Range

26,723 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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office buildings located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - New office building for rent in booming East Memphis.

Where is this office building located?

The property is located at 1855 Lynnfield Road Memphis, TN.

What are key features of this property?

This property features: Located in the booming East Memphis submarket.; New Building being constructed.; Available in 2026.