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Multi-Tenant Office Building with Drive-Through
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5350 Poplar Ave, Memphis, TN 38119

Class A multi-tenant office building with on-site security, lobby access, and a full-service bank drive-through.

Property Size3,464 SF
Days on Market808

Property Features for 5350 Poplar Ave

General Information

Standard status Active
Size 3,464 SF
Class A
Property subtype OFFICE

Space & Availability

Space Use Office
Furnished No

Amenities

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

Building Details

Tenancy Multi
Listing Agency: Avison Young | Memphis
Listed By: Michael Donahoe · License #296802
Source: Moodyscre
Added: May 17, 2024 Changed: Jul 31 Last Checked: Aug 1 at 10:44AM

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 Avison Young | Memphis

Investment Insights

Based on property information with market context.

Class A multi-tenant office building offering lobby access and an option to be fully furnished for additional expense. The property provides ample garage and surface parking, along with on-site security. It also includes a full-service bank with a drive-thru on site.

Located at 5350 Poplar Ave in Memphis, TN 38119, the building is centrally positioned in East Memphis with a Poplar Avenue address. It is situated inside the I-240 loop and presented as the only Class A multi-tenant office building in East Memphis within the loop.

With approximately 3,464 square feet available, the space is designed to support professional office use while accommodating bank drive-through traffic on site.

Key Highlights

  • Approximately 3,464 SF office building
  • Full‑service bank with on‑site drive‑through
  • Ample garage and surface parking

Property Analytics

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

Location Intelligence

Trade Area within ½ mile

3,388
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

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Class A multi-tenant office building with on-site security, lobby access, and a full-service bank drive-through.
Where is this office building located?
The property is located at 5350 Poplar Ave Memphis, TN.
What are key features of this property?
This property features: Approximately 3,464 SF office building; Full‑service bank with on‑site drive‑through; Ample garage and surface parking
(901) 230-0601 Call to check price and availability
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