5180 Park Avenue

Off Market

5180 Park Avenue, Memphis, TN 38119

  • Office
  • Medical Office
  • 37,588 Sqft

5180 Park Avenue, Memphis, TN 38119 - Office Space

5180 Park Avenue is located at 5180 Park Avenue in the Eastgate neighborhood, TN, Memphis, 38119. The Class B Office building was completed in 1987 and features a total of 37,588 Sqft.

There are 22 office spaces for lease in the Eastgate neighborhood, totaling 29,104 Sqft of available office space. The office space availability for the 38119 zip code is 343,313 Sqft, in 78 office spaces. The average asking office rent per sq. ft. in Eastgate is $15.5/sqft/year. For Class B office buildings the average office rate is $13/sqft/year, for Class C office buildings the average office rate is $18/sqft/year.

In Eastgate, there are 4 class B office buildings. In 1987, the same year 5180 Park Avenue was built, 25 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Memphis, featuring 2,857,536 square feet of commercial space. At zip code level, there are 25 commercial properties, of which 25 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • City Memphis
  • Neighborhood Eastgate
  • Zip Code 38119
  • Market Memphis
  • Property Type Office - Medical Office
  • Property Size 37,588 Sqft
  • Lot Size 2.04 Acre
  • Parking Spaces Avail. 135
  • Parking Ratio 3.60/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1987
  • Date Updated 07 Apr, 2020

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 5180 Park Avenue?

5180 Park Avenue totals 37,588 square feet.

When was this property built?

5180 Park Avenue was built in 1987.

Eastgate Demographics

The average household income in zip code 38119 is $87,915, from a total of 9,767 households. In terms of employment, there are 82.29 % white-collar and 17.71 % blue-collar jobs in zip code 38119.

Population

  • Total Population6,039
  • Male Population(46.4 %) 2,803
  • Female Population(53.6 %) 3,235
  • Median Age39.00

Income/Financial

  • Average Household Income$99,942
  • Median Household Income$66,804
  • Median Income Under 25$27,830
  • Median Income 25-44$74,977
  • Median Income 45-64$82,016
  • Median Income Over 65$55,641