Medical Office
For Lease
Contact for pricing
3950 New Covington Pike, Memphis, TN 38128
Medical office building on a hospital campus with abundant parking and direct access to hospital-based services.
Space Size750 SF - 12,800 SF
Days on Market65
Property Features for 3950 New Covington Pike
General Information
Standard status
Active
Size
750 SF - 12,800 SF
Class
B
Property subtype
Office
Building Details
Year Built
1998
Tenancy
Multiple
Spaces For Lease
at 3950 New Covington Pike Contact us- Size
- 12,800 SF
- Type
- Office
- Availability
- Active
Suite 100
- Size
- 750 SF
- Type
- Office
- Availability
- Active
Suite 120
- Size
- 1,415 SF
- Type
- Office
- Availability
- Active
Suite 140
- Size
- 2,244 SF
- Type
- Office
- Availability
- Active
Suite 290
- Size
- 2,600 SF
- Type
- Office
- Availability
- Active
Suite 300
- Size
- 3,010 SF
- Type
- Office
- Availability
- Active
Suite 340
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Listing Agency:
Colliers - Memphis, Tennessee
(901) 375-4800
Listed By:
Ron Riley · License #TN 274677
Source:
Crexi
Added: Jun 8
Changed: Aug 8
Last Checked: Aug 8 at 3:34PM
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 Colliers - Memphis, Tennessee
Investment Insights
Based on property information with market context.
3950 New Covington Pike is a medical office building located on the campus of Methodist North Hospital. The property is designed to support physician and specialist practices in a professional, healthcare-focused setting, with direct access to hospital-based services for coordinated care.
The building’s setting on the hospital campus provides a convenient environment for patients and staff, along with abundant parking. It is positioned within the Raleigh medical corridor, supported by regional connectivity intended to serve the greater Memphis community.
For healthcare providers seeking space with hospital-adjacent access, this building offers an established medical campus context and practical day-to-day convenience. Tenants benefit from the on-site relationship to Methodist North Hospital services and the ability to operate within a healthcare-oriented property environment where patient access and parking are key considerations.
The building’s setting on the hospital campus provides a convenient environment for patients and staff, along with abundant parking. It is positioned within the Raleigh medical corridor, supported by regional connectivity intended to serve the greater Memphis community.
For healthcare providers seeking space with hospital-adjacent access, this building offers an established medical campus context and practical day-to-day convenience. Tenants benefit from the on-site relationship to Methodist North Hospital services and the ability to operate within a healthcare-oriented property environment where patient access and parking are key considerations.
Key Highlights
- Medical office building built in 1998
- Located on the campus of Methodist North Hospital
- Direct access to hospital‑based services for tenants
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
537
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 38128, TN
43,197
Population
18,388
Households
2.3
Avg Household Size
32
Median Age
15%
College-Educated
85%
High-School Grad
23.6 sq mi
ZIP Area
1,830
Density / Sq Mi
$43,166
Median Household Income
$32,429
Median Earnings
$1,150
Median Rent
$123,900
Median Home Value
Market
Lease Benchmarks for Memphis, TN
$8.74 /SF/Yr
Avg Asking Price
$0.7–$12 /SF/Yr
Price Range
8,421 SF
Avg Space Size
Vacancy Rate% for Office in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office building on a hospital campus with abundant parking and direct access to hospital-based services.
Where is this medical office space located?
The property is located at 3950 New Covington Pike Memphis, TN.
What are key features of this property?
This property features: Medical office building built in 1998; Located on the campus of Methodist North Hospital; Direct access to hospital‑based services for tenants
