6800 Poplar Ave Germantown, TN 38105
- Office buildings
- 44,282 SF
- 4.22 lot acres
Current Use by Public Records
- Harry W. Laughlin III, Attorney / Law Firm
- Remit Data Inc / Computer & Electronic Repair / (Bike/Boat/Book/etc) Store
- Dorian Eason Asset Management, LLC / Financial Advisor
- McCaskill & Associates / Land Surveyor
- The Reaves Firm, Inc. / General Contractor
Property Details for 6800 Poplar Ave
- Year built
- 1984
- Lot size
- 4.22 lot acres
- Property size
- 44,282 SF
- Zone code
- OG
- Property type
- Office buildings
- APN
- 080-008- - -00609
- APU
- 8000800609
Description
Atrium I, a Class B office building in Germantown, Tennessee, offers exceptional executive office space. This two-story building totals 42,124 square feet and is conveniently located at 6800 Poplar Ave, 38138, in the heart of the East submarket, just northeast of the Poplar Avenue and Kirby Parkway intersection. Its strategic position provides easy access to numerous amenities, including restaurants, hotels, banks, and retail centers, all within walking distance. The building's proximity to I-240 ensures convenient commuting for employees and clients. Multiple tenancy options are available, with a minimum divisible space of 1,287 square feet and a maximum contiguous space of 2,700 square feet. Currently, 5,699 square feet of space is vacant, presenting an excellent opportunity for businesses seeking flexible and well-located office solutions. The building's address is 6800 Poplar Ave, Germantown, TN 38138, within Shelby County. This property is ideal for businesses seeking a prestigious address and convenient access to Memphis's vibrant business community. The available space is perfect for companies needing between 1,287 and 4,252 square feet.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $12,045,000
- 6.5%
- $11,120,000
- 7%
- $10,325,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $12,589,000
- AI Estimate
- $8,022,000
Market price range: $7.20M - $20.1MMarket price range: $6.40M - $11.3M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $13,160,000 Current use
- RESTAURANT
- $13,635,000 Change: +4% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8366
- Latitude
- 35.0989
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA