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Cordova Office Suite For Rent
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299 S Walnut Bend Rd, Memphis, TN 38018

Versatile office suite in prime Cordova location, ready for occupancy.

Space SizeContact for details
Days on Market857

Property Features for 299 S Walnut Bend Rd

General Information

Standard status Active
Property subtype Office, Special Purpose
Lease Type Modified Gross

Building Details

Tenancy Single
Listing Agency: Pinnacle Realty
Listed By: Jeanette Lin · License #TN 318772
Source: Crexi
Added: May 8, 2024 Changed: Aug 16 Last Checked: Sep 11 at 7:48AM

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 Pinnacle Realty

Investment Insights

Based on property information with market context.

This 800 to 1,000 square foot office suite is located in Cordova, just off Germantown Parkway. The space is suitable for growing teams, satellite offices, or professional services. The Modified Gross lease is offered at $1,200 per month, which includes utilities and Common Area Maintenance (CAM) charges. The building is professionally managed and features shared restrooms, elevator and stair access. Tenants can customize their technology setup, as internet and phone lines are not provided. The office is located minutes from Wolf River/Poplar, I-40, and the Germantown retail corridor, providing accessibility for clients and employees. Nearby retailers, restaurants, and essential services offer convenience. The office is available immediately.

Key Highlights

  • Prime Cordova location, just off Germantown Parkway, offering unmatched accessibility.
  • Modified Gross lease at $1,200/month includes utilities and CAM, providing predictable monthly costs.
  • Versatile 800–1,000 sq ft office suite suitable for various business needs.

Property Analytics

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Current Use

Pinnacle Realty Real Estate Agency

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store HVAC Service Parking Lot & Garage Building Supply Furniture & Home Goods

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,083
Businesses Nearby

Demographics for 38018, TN

37,086
Population
15,110
Households
2.5
Avg Household Size
38
Median Age
46%
College-Educated
94%
High-School Grad
18.7 sq mi
ZIP Area
1,983
Density / Sq Mi
$89,627
Median Household Income
$47,813
Median Earnings
$1,594
Median Rent
$255,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Memphis, TN

$15.4 /SF/Yr
Avg Asking Price
$4.03–$35 /SF/Yr
Price Range
11,364 SF
Avg Space Size

This space is priced 22% below the average of $15.4 /SF/Yr.

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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Frequently Asked Questions

What type of property is this?
Office units - Versatile office suite in prime Cordova location, ready for occupancy.
Where is this office units located?
The property is located at 299 S Walnut Bend Rd Memphis, TN.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Prime Cordova location, just off Germantown Parkway, offering unmatched accessibility.; Modified Gross lease at $1,200/month includes utilities and CAM, providing predictable monthly costs.; Versatile 800–1,000 sq ft office suite suitable for various business needs.
(901) 335-7447 Call to check price and availability
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