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Ground-Floor Office Suites with Furniture
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5400 Poplar Ave, Memphis, TN 38120

Ground-floor office suites with existing furniture and Poplar Avenue monument signage at Fountain Place.

Property Size6,000 SF - 9,000 SF
Days on Market1259

Property Features for 5400 Poplar Ave

General Information

Standard status Active
Size 6,000 SF - 9,000 SF
Net Rentable 6,000 SF
Property subtype OFFICE
Lease Type SF/yr

Space & Availability

Available Space 6,000-9,000 SF
Floor Ground Floor
Space Use Office
Available From 2024-03-31
Furnished Yes

Additional Details

Highway Access Yes

Amenities

monument signage

Building Details

Year Renovated 2015
Listing Agency: CBRE | Memphis
Listed By: Adam Stovall
Source: Moodyscre
Added: Feb 20, 2023 Changed: Jul 29 Last Checked: Aug 1 at 12:48PM

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.

Fountain Place offers ground-floor office suites with 6,000 to 9,000 RSF available. Existing furniture is available for the space, which can support a fast start for an office user looking for ready-to-occupy functionality.

The building features Poplar Ave. monument signage and is described as one of Memphis’ landmark Poplar Avenue office buildings. The lobby was recently renovated in 2015, supporting a professional arrival experience for tenants and visitors, and the location is noted as just minutes from I-240.

Lease term is listed with LXD of March 31, 2024. The offering totals approximately 9,000 square feet at the property level, with the ground-floor suites sized within the 6,000 to 9,000 RSF range.

Key Highlights

  • 6,000 to 9,000 RSF available on the ground floor
  • Existing furniture available
  • LXD March 31, 2024

Property Analytics

Current Use

Cynthia Walko CPA Accounting Firm Jehl Law Group ... Law Firm Mauck Media Marketing & Advertising McDonald Kuhn PLC Law Firm Geer H Franklin Accounting Firm

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Storage Facility Kitchen & Bath Showroom Garden Center

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,141
Businesses Nearby

Demographics for 38120, TN

14,536
Population
6,785
Households
2.1
Avg Household Size
44
Median Age
71%
College-Educated
98%
High-School Grad
9.6 sq mi
ZIP Area
1,514
Density / Sq Mi
$119,309
Median Household Income
$62,370
Median Earnings
$1,552
Median Rent
$421,500
Median Home Value

Market

Lease Benchmarks for Memphis, TN

$13.66 /SF/Yr
Avg Asking Price
$4.19–$23 /SF/Yr
Price Range
26,362 SF
Avg Space Size

This space is priced 68% above the average of $13.66 /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 units - Ground-floor office suites with existing furniture and Poplar Avenue monument signage at Fountain Place.
Where is this office units located?
The property is located at 5400 Poplar Ave Memphis, TN.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 6,000 to 9,000 RSF available on the ground floor; Existing furniture available; LXD March 31, 2024
(601) 720-2050 Call to check price and availability
More about this property
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