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Renovated Office Building
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5570 MURRAY AVE, Memphis, TN 38119

A flexible interior combines private offices, meeting rooms, open work areas, and shared amenities.

Space Size10,454 SF
Days on Market8

Property Features for 5570 MURRAY AVE

General Information

Standard status Active
Size 10,454 SF
Total Parking Spaces 53
Property subtype Office

Additional Details

Space Use Office
Highway Access Yes

Amenities

hospitality lounge
podcast studio
shower-equipped restroom

Building Details

Building Size 10,454 SF
Parking Ratio 5 per 1,000 SF

Spaces For Lease

at 5570 MURRAY AVE Contact us

Space 1

Size
10,454 SF
Availability
Active
Contact us
Listing Agency: Cushman & Wakefield | Commercial Advisors LLC - Memphis, Tennessee
Listed By: Caleb Park · License #TN 329534
Source: Crexi
Added: Sep 18 Changed: Sep 24 Last Checked: Sep 24 at 2:22PM

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 Cushman & Wakefield | Commercial Advisors LLC - Memphis, Tennessee

Investment Insights

Based on property information with market context.

This renovated 10,454-square-foot office building offers a mix of private offices, conference rooms, and open collaborative areas, with natural light from expansive windows. An executive office includes a private restroom. Second-floor amenities include a hospitality lounge, podcast studio, and a restroom with a shower.

The property is at Poplar Avenue and I-240 in Memphis, with access across the city. On-site parking includes 53 spaces, five of them covered near the main entrance. The seller plans to occupy the building through May 2026; it is expected to be delivered vacant upon availability.

Key Highlights

  • 10,454‑square‑foot office building with private offices, conference rooms, and open work areas
  • Second‑floor hospitality lounge, podcast studio, and shower‑equipped restroom
  • Executive office with private restroom

Property Analytics

Current Use

Donald F. Coleman, ... Physician Kia J. Robinson, ... Physician Whirks Accounting Firm Prohealth Chiropractic Alternative Medicine Practice Kia Robinson Physician

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom Electrical Service Storage Facility Barber Shop 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

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

$20.31 /SF/Yr
Avg Asking Price
$12.6–$24 /SF/Yr
Price Range
18,673 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
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Frequently Asked Questions

What type of property is this?
Office building - A flexible interior combines private offices, meeting rooms, open work areas, and shared amenities.
Where is this office building located?
The property is located at 5570 MURRAY AVE Memphis, TN.
What are key features of this property?
This property features: 10,454‑square‑foot office building with private offices, conference rooms, and open work areas; Second‑floor hospitality lounge, podcast studio, and shower‑equipped restroom; Executive office with private restroom
More about this property
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