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Single Story Office Building
For Lease
$16.50 SF/Yr

5909 Shelby Oaks Drive, Memphis, TN 38134

Single story office building with on-site management and deli.

Space Size78 SF - 1,387 SF
Days on Market326

Property Features for 5909 Shelby Oaks Drive

General Information

Standard status Active
Size 78 SF - 1,387 SF
Property subtype Office

Spaces For Lease

at 5909 Shelby Oaks Drive Contact us
Name Size Type Rate Availability
Suite 121 257 SF Office — Available Contact us
Suite 125 573 SF Office — Available Contact us
Suite 126 623 SF Office — Available Contact us
Suite 139 850 SF Office — Available Contact us
Suite 142 254 SF Office — Available Contact us
Suite 152 221 SF Office — Available Contact us
Suite 153 813 SF Office — Available Contact us
Suite 205 1,387 SF Office — Available Contact us
Suite 206 1,374 SF Office — Available Contact us
Suite 207 548 SF Office — Available Contact us
Suite 209 160 SF Office — Available Contact us
Suite 210 190 SF Office — Available Contact us
Suite 217 616 SF Office — Available Contact us
Suite 218 628 SF Office — Available Contact us
Suite 230 259 SF Office — Available Contact us
Suite 235 591 SF Office — Available Contact us
Suite 236 127 SF Office — Available Contact us
Suite 236B 78 SF Office — Available Contact us
Suite 240 441 SF Office — Available Contact us
Suite 241 661 SF — — Available Contact us
Suite 242 221 SF Office — Available Contact us
Sutie 123 257 SF Office — Available Contact us
Listed By: Don Drinkard
Source: Cbre
Added: Nov 22, 2025 Changed: Oct 14 Last Checked: Oct 12 at 6:37PM

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 single-story office building, constructed in 1980, features on-site property management and a deli. The property benefits from ample surface parking, fiber optics, and 24-hour security patrol. It is located in close proximity to restaurants, recreation options, hotels, and suburban residential areas. The building is situated approximately 15 minutes from downtown, 20 minutes from the Memphis International Airport, and 5 minutes from the Federal Express delivery hub. The location also offers convenient access to I-40 and I-240. The property size is 10872 square feet.

Key Highlights

  • Ample surface parking
  • Close proximity to I‑40 and I‑240
  • Benefit from 24‑hour security patrol

Property Analytics

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Current Use

The Premier Enterprise Advertising Agency SR Consulting, LLC General Contractor Pomeroy IT Solutions ... (Bike/Boat/Book/etc) Store Joseph Alexander: Allstate ... Insurance Agency Larry A Weissman Law ... Law Firm

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Electrical Service Skin Care Clinic 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

NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

713
Businesses Nearby

Demographics for 38134, TN

41,760
Population
15,685
Households
2.7
Avg Household Size
35
Median Age
21%
College-Educated
86%
High-School Grad
18.6 sq mi
ZIP Area
2,245
Density / Sq Mi
$61,172
Median Household Income
$39,185
Median Earnings
$1,147
Median Rent
$184,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Memphis, TN

$15.91 /SF/Yr
Avg Asking Price
$4.03–$35 /SF/Yr
Price Range
13,743 SF
Avg Space Size

This space is priced 4% above the average of $15.91 /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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Single story office building with on-site management and deli.
Where is this office units located?
The property is located at 5909 Shelby Oaks Drive Memphis, TN.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: Ample surface parking; Close proximity to I‑40 and I‑240; Benefit from 24‑hour security patrol
More about this property
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