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Five-Suite Suburban Office Building
For Sale
Contact for pricing
Pending

618 Oakleaf Office Lane, Memphis, TN 38117

Suburban professional office property with multiple suite configurations and convenient access from surrounding arterial roads.

Property Size10,947 SF
Lot Size0.96 Acres
Days on Market145

Property Features for 618 Oakleaf Office Lane

General Information

Standard status Pending
Size 10,947 SF
Lot size 0.96 Acres
Property subtype Office

Additional Details

Office Units 5

Building Details

Year Built 1986
Buildings 1
Building Size 10,947 SF
Construction wood frame
Listing Agency: Colliers - Memphis, Tennessee
Listed By: Henry Stratton · License #TN 279121
Source: Crexi
Added: Apr 11 Changed: Sep 1 Last Checked: Sep 1 at 10:33AM

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 Colliers - Memphis, Tennessee

Investment Insights

Based on property information with market context.

This fee-simple office asset at 618 Oakleaf Office Lane contains 10,947 square feet within a wood-frame building with a brick exterior. Constructed in 1986, the property is divided into five suites ranging from 1,480 to 4,508 square feet, providing a range of office configurations within one building. The site encompasses .964 acres.

Oakleaf Office Lane is a private drive immediately east of Perkins Road, with access from Spottswood Avenue to the south and Southern Avenue to the north. Poplar Avenue is less than one-tenth of a mile away. The surrounding area includes Acre Restaurant, The Grove Grill, Jim’s Place, and additional fast-food options, adding established dining choices near the property.

Key Highlights

  • 10,947‑square‑foot office building on .964 acres
  • Five suites ranging from 1,480 to 4,508 square feet
  • Constructed in 1986 with wood‑frame construction and brick exterior

Property Analytics

Current Use

Performance Associates Physician Seth Aaron Salley Physician Whelan & Associates, LLC Employment Agency Align Therapy Medical Clinic LongView Planning Partners Financial Advisor

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Storage Facility 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

5
Office units

Location Intelligence

Trade Area within ½ mile

1,920
Businesses Nearby

Demographics for 38117, TN

27,138
Population
12,045
Households
2.3
Avg Household Size
40
Median Age
60%
College-Educated
95%
High-School Grad
9.4 sq mi
ZIP Area
2,887
Density / Sq Mi
$93,688
Median Household Income
$52,596
Median Earnings
$1,353
Median Rent
$287,500
Median Home Value

Market

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 - Suburban professional office property with multiple suite configurations and convenient access from surrounding arterial roads.
Where is this office building located?
The property is located at 618 Oakleaf Office Lane Memphis, TN.
What are key features of this property?
This property features: 10,947‑square‑foot office building on .964 acres; Five suites ranging from 1,480 to 4,508 square feet; Constructed in 1986 with wood‑frame construction and brick exterior
(901) 375-4800 Call to check price and availability
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