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5180 Park Ave, Memphis, TN 38119

Premier medical and professional office suites in East Memphis.

Space Size862 SF - 6,000 SF
Property Size37,588 SF
Days on Market1132

Property Features for 5180 Park Ave

General Information

Standard status Active
Size 862 SF - 6,000 SF
Class B
Total Parking Spaces 250
Property subtype Office

Building Details

Building Size 37,588 SF
Year Built 1987
Tenancy Multiple

Spaces For Lease

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2nd Floor Suite 260 Active

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2nd Floor Suite 250 A Active

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1st Floor Suite 140 Active

Size 1,953 SF
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2nd Floor Suite 250 Active

Size 6,000 SF
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2nd Floor Suite 270 Active

Size 862 SF
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2nd Floor Suite 275 Active

Size 1,376 SF
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Suite 120 Active

Size 2,000 SF
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Listing Agency: Cohen Investments Realty Inc
Listed By: Richard Cohen · License #FL
Source: Crexi
Added: Sep 13, 2023 Changed: Oct 3 Last Checked: Oct 16 at 8:27AM

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 Cohen Investments Realty Inc

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Investment Insights

Based on property information with market context.

Park Station, located in East Memphis just south of Poplar Avenue, offers customizable office suites designed for accessibility and functionality. The location provides convenient access to Germantown and Wolfchase Mall, with direct routes to major highways and proximity to Saint Francis Hospital, Baptist Memorial, and St. Jude Children’s Research Hospital. Constructed to meet earthquake-resistant standards, the property features ample on-site parking with easy access to every suite. Ground-floor availability caters to visitor flow and ADA compliance. Many suites include private, full bathrooms. On-site management ensures a clean, secure, and business-ready atmosphere. Park Station is suited for healthcare providers or professional practices.

Key Highlights

  • Exceptional Location: Minutes from major hospitals including Saint Francis, Baptist Memorial, and St. Jude.
  • Ample On‑Site Parking: Providing easy access to every suite.
  • Ground‑Floor Availability: Ideal for visitor flow and ADA compliance.

Property Analytics

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Current Use

Weiss Larry S ... Dental Office Professional In Home TV ... Computer & Electronic Repair DentalWorks Memphis - Park ... Dental Office Elizabeth H. Lee, ... Dental Office James G. Dietz, ... Dental Office

Suggested Use

Top Pick Building Supply Electrical Service Kitchen & Bath Showroom Garden Center Storage Facility Furniture & Home Goods

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

2,313
Businesses Nearby
Well-served
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Memphis, TN

$16.16 /SF/Yr
Avg Asking Price
$10.27–$25 /SF/Yr
Price Range
9,639 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

Similar Off Market Nearby

  • Pet Fit Animal Rehabilitation and Fitness — 1000 reddoch cove, memphis, tn 38119
  • O'Brien Sherrie DVM — 1017 Oakhaven Rd, Memphis, TN 38119
  • Angel Care Cancer Clinic — 1017 Oakhaven Rd, Memphis, TN 38119
  • Wiltshire Lauren DVM — 5082 Park Ave, Memphis, TN 38117, United States
  • Eastgate Animal Clinic — 5082 Park Ave, Memphis, TN 38117

Frequently Asked Questions

What type of property is this?
Medical Office Space - Premier medical and professional office suites in East Memphis.
Where is this medical office space located?
The property is located at 5180 Park Ave Memphis, TN.
What are key features of this property?
This property features: Exceptional Location: Minutes from major hospitals including Saint Francis, Baptist Memorial, and St. Jude.; Ample On‑Site Parking: Providing easy access to every suite.; Ground‑Floor Availability: Ideal for visitor flow and ADA compliance.
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