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Property profile & analytics
FOR LEASE
Office buildings
1715 Aaron Brenner Dr Memphis, TN 38120
Entity Owned
Free & Clear
Property ID
US80-3494546
For Lease
1 / 5
$36,755,000
1715 Aaron Brenner Dr, Memphis, TN 38120
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2000
Total area
212,515 SF
Lot
5.5 ac (239,624 SF)
Zoning code
RU-3
APN
080-008- - -00521-C
UPID
US80-3494546
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
-
Edward Jones - Financial Advisor: Brooke Bobo Financial Advisor
-
Mark Field Law Firm
-
Legacy Wealth Management Financial Advisor
-
Edward Jones - Financial Advisor: Toni Polk, AAMS™|CRPC™ Financial Advisor
-
Financial Federal Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$41.21M
Blend (final)
Blend
$36.76M
Owner & transaction history
Renaissance Center Partners LLC
Renaissance Center Partners LLC
since 2025
Last sale
$33.5M
7 recorded transactions
Zoning & alternative use
RU-3 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Memphis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Memphis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$36,745,000
Current use
MEDICAL BUILDING
$30,400,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$36.76M
Range $33.08M – $40.43M · ±10% · vs last sale $33.50M (Dec 3 2025)
Last sale anchor
$33.50M
Dec 3 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$173 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$736,197
Tax year 2022
Assessed value
$12,085,360
Assessed 2023
Previous assessed
$12,085,360
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$1,737,480
Assessed improvement
$10,347,880
Land market value
$4,343,700
Improvement market value
$25,869,700
Total market value
$30,213,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
2000
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
5
Total area
212,515 SF
Lot
5.5 ac (239,624 SF)
Zoning code
RU-3
APN
080-008- - -00521-C
UPID
US80-3494546
Jurisdiction
SHELBY
Zoning & alternative use
RU-3 · Memphis, TN
Zoning RU-3 · permitted uses
RU-3 · Memphis, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Memphis. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$36.7M
MEDICAL BUILDING
Est. value
$30.4M
OFFICE BUILDING Current
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Heating
FORCED AIR
Cooling
Yes
Stories
5
Buildings
2
Lot
5.5 ac
Current owner
From public records · entity-resolved
Renaissance Center Partners LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 56607, ATLANTA, GA 30343-0607
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
34 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2025
—
Renaissance Center Partners LLC
Fca Fund Memphis I LLC
Quitclaim Deed
related
—
Dec 3, 2025
$33,500,000
Renaissance Center Partners LLC
Fca Fund Memphis I LLC
Special Warranty Deed
—
May 8, 2019
—
Fca Fund Memphis I LLC
—
Grant Deed
related
$475,400,000 · Wells Fargo Bk
Dec 27, 2006
$38,100,000
Pky Fund Memphis I LLC
Tkach-renaissance Center LLC
Grant Deed
related
—
Jun 3, 2005
$605,640
R Kubly-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
Jun 1, 2005
$699,556
Peters-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 26, 2005
$1,049,334
C Richardson-rivas-renaissance
Dbsi Renaissance Center LLC
Grant Deed
—
May 26, 2005
$1,200,904
Spertner-renaissance Center Ll
Dbsi Renaissance Center LLC
Grant Deed
—
May 26, 2005
$1,632,297
Fisher-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 26, 2005
$1,324,492
Hb Orch-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 26, 2005
$906,314
Dean-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 26, 2005
$964,645
Farkas-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 26, 2005
$466,370
A Adams-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 26, 2005
$582,963
Gelastopoulos-renaissance Cent
Dbsi Renaissance Center LLC
Grant Deed
—
May 26, 2005
$1,026,015
Dockey-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 26, 2005
$932,741
E Stai-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 26, 2005
$559,644
Odell-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 26, 2005
$1,007,619
Sommer-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 26, 2005
$1,021,351
Demico-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 26, 2005
$502,547
Foster-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 26, 2005
$648,255
Pfaff-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 26, 2005
$726,498
Sackin-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 24, 2005
$1,165,926
Conder-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 24, 2005
$1,508,090
Landia-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 24, 2005
$1,049,334
Tkach-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 24, 2005
$529,330
Lyons-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 24, 2005
$581,564
Mendioroz-renaissance Center L
Dbsi Renaissance Center LLC
Grant Deed
—
May 24, 2005
$906,314
R4sons-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 24, 2005
$932,741
Ratkovic-renaissance Center Ll
Dbsi Renaissance Center LLC
Grant Deed
—
May 24, 2005
$349,778
Mcleod-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 24, 2005
$962,931
Grutchfield-renaissance Center
Dbsi Renaissance Center LLC
Grant Deed
—
May 24, 2005
$1,352,475
Sislin-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 24, 2005
$699,556
Cook-renaissance Center LLC
Dbsi Renaissance Center LLC
Grant Deed
—
May 20, 2005
$27,100,000
Dbsi Renaissance Center LLC
Westco Dev 24 LLC
Grant Deed
$17,600,000 · John Hancock Life Insurance Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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