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    2883 Mendenhall Rd Memphis, TN 38115

    Sponsored
    For Lease
    $12 SF/Yr

    Southeast Memphis office suites, 700-1350 sq ft.

    Lot size:
    47,025 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Cottonwood Office Park, located at 2883 S Mendenhall Rd, Memphis, TN 38115, offers a unique opportunity for businesses seeking office space in Southeast Memphis. This well-maintained, garden-like setting provides a tranquil and productive work environment. The property encompasses a total of 47,025 square feet, divided into 39 individual suites. Currently, there are 10 spaces available, ranging in size from a minimum of 700 square feet to a maximum of 1,350 square feet. The maximum contiguous space available is 1,200 square feet. The property is classified as both Creative and Traditional Office space, catering to a variety of business needs. A total of 10,975 square feet is currently vacant. Utilities are the responsibility of the tenant. Negotiable lease terms are available at reasonable rates. This property presents an excellent opportunity for businesses seeking flexible and affordable office space in a desirable Southeast Memphis location. The property is easily accessible and offers ample parking.

    Property Features for 2883 Mendenhall Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    47,025 SF
    Total Rate
    47025

    Unit(s) available at that property

    Space
    2883#6
    Size
    1,200 SF
    Rate per SF
    $14
    Space
    5308#4
    Size
    1,100 SF
    Rate per SF
    $14
    Space
    5316#1
    Size
    1,200 SF
    Rate per SF
    $14
    Space
    2887#3
    Size
    1,100 SF
    Rate per SF
    $12
    Space
    2893#1
    Size
    1,200 SF
    Rate per SF
    $15
    Space
    5308#3
    Size
    700 SF
    Rate per SF
    $15
    Space
    2887#4
    Size
    1,350 SF
    Rate per SF
    $12
    Space
    2883#5
    Size
    1,200 SF
    Rate per SF
    $14
    Space
    2875#3
    Size
    800 SF
    Rate per SF
    $15
    Space
    2893#3
    Size
    1,125 SF
    Rate per SF
    $15

    HighLights

    • Flexible lease terms available.
    • Professionally managed property.
    • Strong tenant base with long‑term leases in the immediate vicinity.
    • Convenient access to Interstate 240.
    Property Profile Location Intelligence

    Current Use by Public Records

    Private Practice Limited, ... Doctor WECARE MEMPHIS Non-Profit Organization Regency Electric Co Contractor Conexx Staffing Services, ... Employment Agency Fresh Start Quality ... Employment Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.885430967999
    Latitude
    35.070155902928

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    FAQs

    What type of property is this?
    Office space - Southeast Memphis office suites, 700-1350 sq ft.
    Where is this office space located?
    The property is located at 2883 Mendenhall Rd Memphis, TN.
    What is the lease rate?
    The lease rate is $12-$15 SF/Yr.
    What are key features of this property?
    This property features: Flexible lease terms available.; Professionally managed property.; Strong tenant base with long-term leases in the immediate vicinity.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2883 Mendenhall Rd Memphis, TN 38115
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