Medical Office Sublease
For Lease
Contact for pricing
5107 Summer Ave, Memphis, TN 38122
Built-out medical office space with ample surface parking available on a sublease through September 30, 2030.
Space Size2,187 SF
Days on Market256
Property Features for 5107 Summer Ave
General Information
Standard status
Active
Size
2,187 SF
Property subtype
OFFICE
Lease Type
NNN
Site & Location
Neighborhood
Berclair
Highway Access
Yes
Spaces For Lease
at 5107 Summer Ave
5107 Summer Ave
$15/SF/Yr
Floor
Bldg
Size
2,187 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
Yes
- 2,187 SF Available in East Memphis
- Sublease through September 30, 2030
- Rental Rate: $15/SF NNN
- Ample surface parking
- Currently built out as medical usage
- Great location near White Station and I-40
Contact us
Listing Agency:
Colliers | Memphis
(901) 375-4800
Listed By:
Ed Thomas · License #310126
(901) 605-0561
Source:
Moodyscre
Added: Feb 12
Changed: Oct 25
Last Checked: Oct 24 at 8:37PM
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
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Investment Insights
Based on property information with market context.
This 2,187-square-foot office suite is currently built out for medical usage and available for rent. The space is offered as a sublease through September 30, 2030.
The property is located in East Memphis near White Station and I-40, providing convenient access to major routes. Ample surface parking is available for visitors and staff.
The suite is priced at $15/SF NNN, offering a turn-key medical configuration within a dedicated office setting.
The property is located in East Memphis near White Station and I-40, providing convenient access to major routes. Ample surface parking is available for visitors and staff.
The suite is priced at $15/SF NNN, offering a turn-key medical configuration within a dedicated office setting.
Key Highlights
- 2,187 SF medical office space available in East Memphis
- Sublease term runs through September 30, 2030
- Rental rate of $15/SF NNN
Property Analytics
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Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
507
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 38122, TN
26,432
Population
10,201
Households
2.6
Avg Household Size
33
Median Age
22%
College-Educated
74%
High-School Grad
6.8 sq mi
ZIP Area
3,887
Density / Sq Mi
$45,456
Median Household Income
$32,760
Median Earnings
$1,127
Median Rent
$108,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Memphis, TN
$16.16 /SF/Yr
Avg Asking Price
$10.27–$25 /SF/Yr
Price Range
8,740 SF
Avg Space Size
This space is priced 7% below the average of $16.16 /SF/Yr.
Vacancy Rate% for Office in Memphis, TN
Similar Off Market Nearby
- RescueVet Pet Care Center — 4670 Summer Ave, Memphis, TN 38122
- DAY AND NIGHT ANIMAL HOSPITAL — Memphis, TN 38122
- Cloverleaf Animal Clinic — 749 N White Station Rd, Memphis, TN 38122
- Mansel Renai DVM — 749 N White Station Rd, Memphis, TN 38122, United States
- Robinson Jason DVM — 749 N White Station Rd, Memphis, TN 38122
Frequently Asked Questions
What type of property is this?
Medical Office Space - Built-out medical office space with ample surface parking available on a sublease through September 30, 2030.
Where is this medical office space located?
The property is located at 5107 Summer Ave Memphis, TN.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 2,187 SF medical office space available in East Memphis; Sublease term runs through September 30, 2030; Rental rate of $15/SF NNN
