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Two-Story Office Building
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5545 Murray Ave, Memphis, TN 38119

Two-story office building with immediate access to I-240 and convenient placement in East Memphis.

Property Size568 SF
Days on Market59

Property Features for 5545 Murray Ave

General Information

Standard status Active
Size 568 SF
Property subtype OFFICE

Additional Details

Highway Access Yes

Building Details

Stories 2
Listing Agency: CBRE | Memphis
Listed By: Don Drinkard, Jr.
Source: Moodyscre
Added: Jun 4 Changed: Jul 25 Last Checked: Jul 31 at 1:40PM

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 two-story office building offers a straightforward office configuration for tenants seeking a freestanding work space. The building is sized at 568 square feet, providing a compact footprint.

The property is located in the East Memphis submarket right off Poplar Avenue, with immediate access to I-240 for commuting and business travel.

For more details on interior layout and available suites, interested parties should contact the listing broker.

Key Highlights

  • 2‑story office building
  • Located in the East Memphis submarket right off Poplar Avenue
  • Immediate access to I‑240

Property Analytics

Current Use

National Insurance Sevices Insurance Agency Davis Professional Bookkeeping ... Tax Preparation A Beneficial Massage Alternative Medicine Practice Lisa Miller Massage Alternative Medicine Practice East Memphis Counseling Counselor

Suggested Use

Top Pick Kitchen & Bath Showroom Storage Facility Electrical Service Barber Shop Garden Center Grocery & Convenience 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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,097
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 - Two-story office building with immediate access to I-240 and convenient placement in East Memphis.
Where is this office building located?
The property is located at 5545 Murray Ave Memphis, TN.
What are key features of this property?
This property features: 2‑story office building; Located in the East Memphis submarket right off Poplar Avenue; Immediate access to I‑240
(901) 496-9879 Call to check price and availability
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