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Property profile & analytics
OFF-MARKET
Office Spaces

5261 Mendenhall Park Pl Memphis, TN 38115

23,620 SF 1.93 ac lot Built 1986
Property ID
Property summary
AI-generated overview

Mendenhall Park Place offers six executive office suites for lease in a two-building complex situated on 1.93 acres. This Class C property, built in 1986, features a total of 23,620 square feet of office space. Individual suites range from a minimum of 1,800 square feet to a maximum contiguous space of 3,385 square feet, making it ideal for a variety of businesses. The single-story buildings boast 12-foot ceilings, providing ample space and a bright, open feel. While there are no elevators, the single-story design ensures easy accessibility. The property is zoned EMP and has an APN of 09-3406-F0-0003C. The space is fully built-out and previously housed a small church, offering a versatile layout adaptable to various needs. This multi-tenant location provides a turn-key solution for businesses seeking immediate occupancy. The property's history as a multi-use space demonstrates its adaptability and potential for diverse business applications. This is a rare opportunity to secure office space in a well-established location with flexible lease options.

Property profile
Verified
Property type Office Spaces
Year built 1986
Total area 23,620 SF
Lot 1.93 ac (84,071 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Identogo-Mendenhall Park Place Fingerprinting Service
  • Wren Investigations, LLC Law Firm Security Service
  • Wren Construction, LLC Construction Company
  • Allegiant Corporate Cleaning LLC Commercial Cleaning Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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