Convenient Office Space on
For Lease
$21 SF/Yr
5384 Poplar Avenue, Memphis, TN 38119
Accessible Memphis office building with on-site management and renovated amenities.
Space Size576 SF - 3,451 SF
Days on Market210
Property Features for 5384 Poplar Avenue
General Information
Standard status
Active
Size
576 SF - 3,451 SF
Property subtype
Office
Spaces For Lease
at 5384 Poplar Avenue Contact usSuite 101 Available
Size
1,648 SF
Type
Office
Suite 225 Available
Size
3,451 SF
Type
Office
Suite 301 Available
Size
576 SF
Type
Office
Suite 340 Available
Size
1,135 SF
Type
Office
Listed By:
Don Drinkard
(901) 260-1058
Source:
Cbre
Added: Mar 26
Changed: Oct 6
Last Checked: Oct 20 at 6:31PM
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 Don Drinkard
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Investment Insights
Based on property information with market context.
Located on Poplar Avenue, less than a mile inside the I-240 Loop, the Hobson Building at 5384 Poplar Avenue is an office property in Memphis. The property is locally owned, occupied by the owner and has on-site property management. Tenants have access to secured structured parking and newly renovated restrooms. The location provides easy ingress and egress at an adjacent traffic light and is in close proximity to restaurants. Renovations to the building include fully renovated restrooms in 2013, parking lot and garage updates, and new tenant directory signage. The top floor common areas have been fully renovated and feature build-to-suite options from 2,000 sq. ft. to 7,220 sq. ft.
Key Highlights
- Highly accessible location on Poplar Avenue, less than a mile inside the I‑240 Loop.
- Locally owned and owner‑occupied with on‑site property management ensuring a top‑notch tenant experience.
- Secured structured parking.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,492
Businesses Nearby
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Memphis, TN
$21.17 /SF/Yr
Avg Asking Price
$16.5–$24 /SF/Yr
Price Range
18,794 SF
Avg Space Size
This space is priced 1% below the average of $21.17 /SF/Yr.
Vacancy Rate% for Office in Memphis, TN
Frequently Asked Questions
What type of property is this?
Office building - Accessible Memphis office building with on-site management and renovated amenities.
Where is this office building located?
The property is located at 5384 Poplar Avenue Memphis, TN.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Highly accessible location on Poplar Avenue, less than a mile inside the I‑240 Loop.; Locally owned and owner‑occupied with on‑site property management ensuring a top‑notch tenant experience.; Secured structured parking.
