5545 Murray Avenue - Office Space Availability

For Lease$17.5/Sqft/Year

5545 Murray Avenue, Memphis, TN 38119

  • Office
  • General Office
  • 1,037 Sqft

5545 Murray Avenue, Memphis, TN 38119 - Office Space for rent

5545 Murray Avenue is located at 5545 Murray Avenue in the Eastgate neighborhood, TN, Memphis, 38119. The Class C Office building was completed in 1974 and features a total of 26,976 Sqft. There is 1 Office space available for lease at 5545 Murray Avenue, Memphis, TN, 38119, totaling 1,037 Sqft. The largest space available has 1,037 Sqft and a rental rate of $17.5/Sqft/Year.

There are 5 office spaces for lease in the Eastgate neighborhood, totaling 9,234 Sqft of available office space. The office space availability for the 38119 zip code is 359,414 Sqft, in 74 office spaces. The average asking office rent per sq. ft. in Eastgate is $15.25/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 $17.5/sqft/year.

In Eastgate, there are 2 class C office buildings. In 1974, the same year 5545 Murray Avenue was built, 45 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Memphis, featuring 467,685 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.

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Details

  • Price $17.5/Sqft/Year
  • City Memphis
  • Neighborhood Eastgate
  • Zip Code 38119
  • Market Memphis
  • Property Type Office - General Office
  • Property Size 26,976 Sqft
  • Lot Size 1.37 Acre
  • Parking Spaces Avail. 107
  • Parking Ratio 4.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1974
  • Date Updated 07 Apr, 2020

Availability

Suite Name Space Type Lease Rate Space Available
Suite 150 General Office $17.5/Sqft/Year 1,037 Sqft
  • Suite Suite 150
  • Space Type General Office
  • Total Space Available 1,037 Sqft
  • Floor From 1 To 1
  • Divisible Space No
  • Min Divisible 1,037 Sqft
  • Max Contiguous 1,037 Sqft
  • Lease Rate $17.5/Sqft/Year
  • Possession Type Immediate
  • Lease Type Full Service
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Don Drinkard Jr. Is this you?

CBRE

(901) 260-1058

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

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Don Drinkard Jr. Is this you?

CBRE

(901) 260-1058