Medical Office
New
For Sale
Contact for pricing
5739 AIRLINE Rd, Arlington, TN 38002
Commercial/Industrial, Arlington, TN
Property Size2,243 SF
Price / SF$2.90
Days on Market2
Property Features for 5739 AIRLINE Rd
General Information
Property type
Residential
Property subtype
Office
Subdivision
OLD ARLINGTON MUNICIPAL AIRPORT
Standard status
Active
Additional Details
Property Use
Medical/Professional Office
Building Details
Year built
2024
Listing Agency:
Reid, REALTORS
(901) 372-8500
Listed By:
Matthew Mitchell
(901) 590-5787
Added: Nov 3
Last Checked: Nov 4 at 2:06PM
MLS# 10233732
Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Suite 101A offers approximately 2,243 square feet in a medical and professional office complex. Built in 2024, the suite is positioned among established dental, orthodontic, and medical practices. The property information identifies potential medical, dental, professional, or general office use.
The complex is on Airline Road in Arlington, just north of I-40 Exit 24, with access to on-site parking. The location is described as convenient to Arlington, Lakeland, Bartlett, and Cordova. Showings are by appointment.
The complex is on Airline Road in Arlington, just north of I-40 Exit 24, with access to on-site parking. The location is described as convenient to Arlington, Lakeland, Bartlett, and Cordova. Showings are by appointment.
Key Highlights
- Approximately 2,243 square feet in Suite 101A
- Built in 2024
- Medical, dental, professional, or office use identified
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,044
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,880
$440.9K
Cap Rate 7%
$314,914
$314.9K
Cap Rate 9%
$244,933
$244.9K
Market Conditions
NOI Build-Up for 2,243 SF
Gross rent
$37.7K $16.80/SF
− Vacancy
−$8.3K −$3.70/SF
EGI
$29.4K $13.10/SF
− OpEx
−$7.3K −$3.28/SF
NOI
$22.0K $9.83/SF
Area
Shelby County, TN
Vacancy
22.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,880
Cap Rate 7%
$314,914
Cap Rate 9%
$244,933
Alternative Uses
Best Use
Healthcare Medical
$382.0K
$334.3K – $445.7K
NOI $26,740 @ 7.0% cap · market cap 411.38%
Second Best
Office B
$314.9K
$275.6K – $367.4K
NOI $22,044 @ 7.0% cap · market cap 339.14%
Theoretical Best
Office A
$454.0K
$397.3K – $529.7K
NOI $31,782 @ 7.0% cap · market cap 488.95%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 38002, TN
44,385
Population
15,448
Households
2.9
Avg Household Size
38
Median Age
47%
College-Educated
97%
High-School Grad
116.3 sq mi
ZIP Area
382
Density / Sq Mi
$115,478
Median Household Income
$56,917
Median Earnings
$1,695
Median Rent
$363,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Arlington Animal Clinic — 6010 Airline Rd, Arlington, TN 38002
- Arlington Animal Clinic: Schoknecht Monica DVM — 6010 Airline Rd, Arlington, TN 38002
Frequently Asked Questions
What type of property is this?
Medical Office Space - Recently built space in a medical and professional complex, alongside established dental and healthcare practices.
Where is this medical office space located?
The property is located at 5739 AIRLINE Rd Arlington, TN.
What are key features of this property?
This property features: Approximately 2,243 square feet in Suite 101A; Built in 2024; Medical, dental, professional, or office use identified
