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Medical Office Suite with Buildout
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5645 Murray Ave, Memphis, TN 38119

Medical office suite with 1,770 SF and a clean-slate interior suited for custom buildout.

Space Size1,770 SF
Days on Market152

Property Features for 5645 Murray Ave

General Information

Standard status Active
Size 1,770 SF
Property subtype OFFICE
Lease Type Full Service

Spaces For Lease

at 5645 Murray Ave Contact us

5645 Murray Ave $32.50/SF/Yr

Size
1,770 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE
Crye-Leike Commercial presents medical office space available for lease at 5645 Murray...
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Listing Agency: Crye-Leike Commercial
Listed By: Donna Bailey · License #366712
Source: Moodyscre
Added: Apr 10 Changed: Sep 2 Last Checked: Sep 7 at 9:16AM

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 Crye-Leike Commercial

Investment Insights

Based on property information with market context.

Suite 101 at 5645 Murray Avenue offers approximately 1,770 square feet of medical office space designed for custom buildout. The space is available as a “clean slate,” giving healthcare users the flexibility to plan an ideal layout, and there is also an option to expand into additional square footage.

The suite is located in East Memphis, positioned for healthcare tenants seeking a flexible space for their practice.

For prospective tenants and brokers, this offering balances a ready-to-configure medical office plan with the ability to scale through potential additional space expansion.

Key Highlights

  • Medical office suite with 1,770 SF in East Memphis
  • Ready for custom buildout with a clean‑slate interior
  • Option to expand into additional square footage

Property Analytics

Current Use

Zenith Vascular & Fibroid ... Medical Clinic Phillip T. Zeni, ... Physician Jacqueline Majors, MD Physician Modern Vascular Medical Clinic Corporate Office of Mid-south ... Corporate Office

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom Storage Facility Electrical Service Barber Shop (Bike/Boat/Book/etc) 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

NNN (Triple Net)
Lease Type
$4.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,097
Businesses Nearby
Balanced
Demand for This Use

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

$16.16 /SF/Yr
Avg Asking Price
$10.27–$25 /SF/Yr
Price Range
8,842 SF
Avg Space Size

This space is priced 101% above the average of $16.16 /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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office suite with 1,770 SF and a clean-slate interior suited for custom buildout.
Where is this medical office space located?
The property is located at 5645 Murray Ave Memphis, TN.
What is the lease rate?
The lease rate is $32.50 SF/Yr.
What are key features of this property?
This property features: Medical office suite with 1,770 SF in East Memphis; Ready for custom buildout with a clean‑slate interior; Option to expand into additional square footage
(901) 834-6895 Call to check price and availability
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