Listing Agency: CBRE | Memphis a***@cbre.com Show Phone

Listed By: Adam Stovall Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 12 Last Checked: Aug 24 at 10:33AM

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Investment Insights

Based on property information with market context.

Fountain Place is a landmark office building located on Poplar Avenue in Memphis. The property offers a centrally located office environment with convenient access to I-240. The lobby was recently renovated in 2015.

Key Highlights

• Landmark Poplar Avenue office building.
• Centrally located.
• Amenity‑rich office environment.

Property Analytics

Property Profile

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

NNN (Triple Net)

Lease Type

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

Market

Lease Benchmarks for Memphis, TN

$21.61 /SF/Yr

Avg Asking Price

$10.63–$35 /SF/Yr

Price Range

26,723 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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office building - Centrally located, amenity-rich office building minutes from I-240.

Where is this office building located?

The property is located at 5400 Poplar Avenue Memphis, TN.

What are key features of this property?

This property features: Landmark Poplar Avenue office building.; Centrally located.; Amenity‑rich office environment.