- Property Type Industrial - Manufacturing
- Property Size 1,321,040 SF
- Lot Size 83.13 Acre
- Property Tenancy Owner Occupied
- Building Class A
- Year Built 1971
False
Contacts
Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.
Owner
Tenants
Suite Name | Tenant | Leased Space |
Rent Price | Lease Type |
Space Type |
Lease Term |
370 17th Street #5500 | MERRILL, (303) 446-5500 | 23,824 SF | $23/SF/YR | Modified Gross |
General Office |
11/01/2014- N/A |
370 17th Street #6000 |
Morrison & Foerster, (303) 592-1500 |
10,710 SF | $26/SF/YR | Full Service |
General Office |
08/01/2013- 07/31/2023 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge.
Brokers
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Documents
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Sales
Market Trends
Average Actual Rents in Memphis
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Memphis Office Market
Office rental rates are based on aggregated data of asking rates.
- 2022 Avg. Asking Rent $19.68
- 2022 Office Vacancy Rate 16.31%
- 2022 Office Completions (SF)
Memphis Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2022 Avg. Price per SF $81.38
- Y-o-Y Avg. PpSF Change -35.50%
- 2022 Office Sales Volume $90.1M
- 2022 Number of Transactions 14
Location
Getting Around
-
Walk Score ®
21/100 Car-Dependent -
Transit Score ®
17/100 Minimal Transit -
Bike Score ®
31/100 Somewhat Bikeable
- City Memphis, TN
- Neighborhood Parkway Village
- Zip Code 38118
- Market Memphis
Points of Interest
-
Exxon
1.13 miles
-
Speedway
1.78 miles
-
Shell
2.70 miles
-
Pemex
2.73 miles
-
BP
3.44 miles
-
Marathon
3.44 miles
-
Marathon
3.61 miles
-
Kroger
3.67 miles
-
Exxon
3.72 miles
-
Tesla Supercharger
4.83 miles
-
DemocratTugLot
4.90 miles
-
East Lot
5.01 miles
-
Parking Garage
5.11 miles
-
Parking Garage & Rental Car Facility
5.14 miles
-
Cell Phone Lot
5.22 miles
-
Economy Parking West Lot
5.27 miles
-
Tennessee Welcome Center
6.33 miles
-
Deloach Parking Garage
6.64 miles
-
Employee Parking
6.74 miles
-
Baptist Memorial Hospital for Women Garage
6.80 miles
-
JusWings & More
2.45 miles
-
Tom's Barbecue
2.55 miles
-
McDonald's
2.61 miles
-
Popeyes
2.93 miles
-
Lenny's
3.05 miles
-
Checkers
3.18 miles
-
Asiana Garden Restaurant
3.18 miles
-
Dixie Queen
3.25 miles
-
Piccadilly Cafeteria
3.29 miles
-
Waffle House
3.29 miles
-
Hickory Ridge Mall
2.01 miles
-
Aldi
2.84 miles
-
Walmart Neighborhood Market
3.03 miles
-
Asiana Market
3.18 miles
-
Walmart Neighborhood Market
3.61 miles
-
Kroger
3.75 miles
-
Kroger
3.80 miles
-
Sai Gruha India Mart
4.10 miles
-
Aldi
4.72 miles
-
Walmart Supercenter
4.73 miles
-
FS35
1.75 miles
-
Delta Medical Center
3.12 miles
-
Memphis Fire Department - Station #55
3.60 miles
-
CareMore Health
3.71 miles
-
Walgreens
3.72 miles
-
Satellite Healthcare
3.72 miles
-
Fire Station # 9
4.31 miles
-
Saint Francis Hospital
4.66 miles
-
Baptist Medical Group - The Endocrine Clinic
4.83 miles
-
Southern Pain & Regenerative Medicine
4.84 miles
Frequently Asked Questions
What is the total square footage of 5151 East Raines Road?
5151 East Raines Road totals 1,321,040 square feet.
When was this property built?
5151 East Raines Road was built in 1971.
When was 5151 East Raines Road last sold?
5151 East Raines Road was last sold on 05 May, 2011.
What is the market value for 5151 East Raines Road?
The market value* for 5151 East Raines Road in 2023 was $18,310,800.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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