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5575 Poplar Avenue, Memphis, TN 38119

Three-story, 45,000 RSF office building in East Memphis.

Space SizeContact for details
Days on Market264

Property Features for 5575 Poplar Avenue

General Information

Standard status Active
Property subtype Office
Listing Agency:
Listed By: Don Drinkard
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:57AM

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

Investment Insights

Based on property information with market context.

This is a 3-story, 45,000 RSF Class A office building constructed in 2021. Located in the East Memphis submarket, it offers build-to-suit opportunities with 30 ft. column spacing for efficient layouts. Exterior building signage is available, providing visibility to approximately 58,000 cars per day. The property provides access to I-240 and I-40 and is located near restaurants and hotels.

Key Highlights

  • Class A Office Building: 45,000 RSF built in 2021
  • Excellent access to I‑240 and I‑40
  • Located in the heart of the coveted East Memphis submarket

Property Analytics

Current Use

Lyle Joseph K ... Dental Office Wasson Orthodontics Dental Office Heegel Cliff PhD Physician Peden John Insurance Agency Michael L. Bates, ... Law Firm

Suggested Use

Top Pick Building Supply Auto Parts Store Storage Facility Kitchen & Bath Showroom Garden Center Electrical Service

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

3,388
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

$19.03 /SF/Yr
Avg Asking Price
$0.7–$35 /SF/Yr
Price Range
26,715 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 - Three-story, 45,000 RSF office building in East Memphis.
Where is this office building located?
The property is located at 5575 Poplar Avenue Memphis, TN.
What are key features of this property?
This property features: Class A Office Building: 45,000 RSF built in 2021; Excellent access to I‑240 and I‑40; Located in the heart of the coveted East Memphis submarket
More about this property
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