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Class A Multi-Tenant Office Building
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5350 Poplar Ave, Memphis, TN 38119

Centrally located office building offers lobby access, on-site security, and ample parking with an on-site drive-thru bank.

Space Size9,765 SF
Days on Market846

Property Features for 5350 Poplar Ave

General Information

Standard status Active
Size 9,765 SF
Class A
Property subtype OFFICE
Lease Type Full Service

Amenities

on-site security
full-service bank with drive-thru
lobby access

Building Details

Tenancy Multi

Spaces For Lease

at 5350 Poplar Ave Contact us

Trustmark Building $20/SF/Yr

Floor
4
Size
9,765 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
Yes
- Centrally located in East Memphis with prestigious Poplar Avenue address - Only...
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Listing Agency: CBRE | Memphis
Listed By: Adam Stovall
Source: Moodyscre
Added: May 24, 2024 Changed: Sep 7 Last Checked: Sep 15 at 5:14AM

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 CBRE | Memphis

Investment Insights

Based on property information with market context.

This Class A, multi-tenant office building includes lobby access and provides on-site security. Ample garage and surface parking are available for occupants and visitors. Suites may be optionally fully furnished for an additional expense.

The property is centrally located in East Memphis with a prestigious Poplar Avenue address, positioned inside the I-240 loop. An on-site full-service bank with drive-thru service is located at the property.

The building is designed for tenants who want a secure, centrally located office environment with convenient parking and a turn-key option for furnished space.

Key Highlights

  • Only Class A multi‑tenant office building in East Memphis inside the I‑240 loop
  • On‑site security
  • Full‑service bank with drive‑thru on site

Property Analytics

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Current Use

Movement Mortgage Loan Service Chelsea White, Movement ... Loan Service Trustmark Mortgage Loan Service Chapter 13 Trustee Law Firm Cost-OS, LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Garden Center Kitchen & Bath Showroom Barber Shop Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,567
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Memphis, TN

$20.31 /SF/Yr
Avg Asking Price
$12.6–$24 /SF/Yr
Price Range
19,018 SF
Avg Space Size

This space is priced 2% below the average of $20.31 /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 building - Centrally located office building offers lobby access, on-site security, and ample parking with an on-site drive-thru bank.
Where is this office building located?
The property is located at 5350 Poplar Ave Memphis, TN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Only Class A multi‑tenant office building in East Memphis inside the I‑240 loop; On‑site security; Full‑service bank with drive‑thru on site
(601) 720-2050 Call to check price and availability
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