Two-Story Multi-Tenant Office
New
For Lease
Contact for pricing
3290 Getwell Rd, Memphis, TN 38118
Two-story multi-tenant office building with 12 rental units and roof and mechanical systems in good condition.
Property Size550 SF
Days on Market6
Property Features for 3290 Getwell Rd
General Information
Standard status
Active
Size
550 SF
Property subtype
OFFICE
Occupancy
40%
Lease Type
SF/yr
Building Details
Stories
2
Building Size
9,672 SF
Tenancy
Multi
Listing Agency:
NAI Saig Company - Memphis
(901) 526-3100
Listed By:
Brian Califf · License ##299669
(901) 526-3100
Source:
Moodyscre
Added: Jul 27
Changed: Jul 30
Last Checked: Jul 31 at 8:03AM
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 NAI Saig Company - Memphis
Investment Insights
Based on property information with market context.
This two-story, multi-tenant office building offers 9,672 SF configured into 12 rental units. Current occupancy is 39.5%, creating an opportunity for lease-up. The roof and mechanical systems are reported to be in good condition.
The property is located at 3290 Getwell Rd, Memphis, TN 38118. The building’s in-place cap rate is listed at 10%.
The property is located at 3290 Getwell Rd, Memphis, TN 38118. The building’s in-place cap rate is listed at 10%.
Key Highlights
- 9,672 SF two‑story multi‑tenant office building
- 12 rental units
- Current occupancy: 39.5%
Property Analytics
Current Use
Lease Details
39.5%
Occupancy
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Explore this area
Business Placement
Demographics for 38118, TN
39,627
Population
16,317
Households
2.4
Avg Household Size
32
Median Age
12%
College-Educated
79%
High-School Grad
30.5 sq mi
ZIP Area
1,299
Density / Sq Mi
$42,464
Median Household Income
$30,431
Median Earnings
$1,105
Median Rent
$95,700
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
This space is priced 33% below the average of $17.95 /SF/Yr.
Vacancy Rate% for Office in Memphis, TN
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Frequently Asked Questions
What type of property is this?
Office building - Two-story multi-tenant office building with 12 rental units and roof and mechanical systems in good condition.
Where is this office building located?
The property is located at 3290 Getwell 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: 9,672 SF two‑story multi‑tenant office building; 12 rental units; Current occupancy: 39.5%
