Property profile

2883 Mendenhall Rd Memphis, TN 38115

OFF-MARKET
Specialty properties
47,025 SF
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Property summary

AI-generated overview

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 profile

Verified
Property type Specialty properties
Total area 47,025 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Charitable Organization Social Service Agency
  • General Contractor
  • Employment Agency
  • Employment Agency

Location

2883 Mendenhall Rd Memphis, TN 38115
Memphis metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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