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Office Space Near I-55
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5658 S Rex Rd, Memphis, TN 38119

Office space available for rent with tenant-paid utilities and interior maintenance.

Space Size3,000 SF
Days on Market543

Property Features for 5658 S Rex Rd

General Information

Standard status Active
Size 3,000 SF
Property subtype OFFICE
Lease Type Modified Gross

Additional Details

Highway Access Yes

Spaces For Lease

at 5658 S Rex Rd Contact us

5658 S Rex Rd $19.75/SF/Yr

Size
3,000 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
-Tenant pays utilities and Interior Maintenance, Landlord pays Roof, Structure, and...
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Listing Agency: NAI Saig Company - Memphis
Listed By: Brian Califf · License ##299669
Source: Moodyscre
Added: Mar 17, 2025 Changed: Sep 4 Last Checked: Sep 9 at 11:56AM

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 NAI Saig Company - Memphis

Investment Insights

Based on property information with market context.

This rental office space is offered with tenant responsibility for utilities and interior maintenance. The landlord covers the roof, structure, and outside maintenance, providing clear allocation of building responsibilities.

The property is located about one minute from the I-55/Riverside exit, offering quick connectivity to major highways.

The available space is approximately 3,000 square feet and is suited for office use under the current listing details.

Key Highlights

  • Tenant pays utilities and interior maintenance; landlord pays roof, structure, and outside maintenance
  • Office space for rent with tenant‑paid utilities and interior maintenance
  • Located about 1 minute from the I‑55/Riverside exit for quick access to major highways

Property Analytics

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Current Use

Millennial Management Marketing & Advertising Alicia Davis Physician Living Health Day ... Alternative Medicine Practice Tennessee School of Massage Alternative Medicine Practice

Suggested Use

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

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.96 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,928
Businesses Nearby

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

$15.4 /SF/Yr
Avg Asking Price
$4.03–$35 /SF/Yr
Price Range
11,364 SF
Avg Space Size

This space is priced 28% above the average of $15.4 /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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Frequently Asked Questions

What type of property is this?
Office units - Office space available for rent with tenant-paid utilities and interior maintenance.
Where is this office units located?
The property is located at 5658 S Rex Rd Memphis, TN.
What is the lease rate?
The lease rate is $19.75 SF/Yr.
What are key features of this property?
This property features: Tenant pays utilities and interior maintenance; landlord pays roof, structure, and outside maintenance; Office space for rent with tenant‑paid utilities and interior maintenance; Located about 1 minute from the I‑55/Riverside exit for quick access to major highways
(901) 526-3100 Call to check price and availability
More about this property
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