5860 Ridgeway Center Pkwy

For SaleContact for pricing

5860 Ridgeway Center Pkwy, Memphis, TN 38120

  • Office

5860 Ridgeway Center Pkwy, Memphis, TN 38120 - Office Space

5860 Ridgeway Center Pkwy is located at 5860 Ridgeway Center Pkwy in the River Oaks neighborhood, TN, Memphis, 38120. The Class B Office building was completed in 1979 and features a total of 53,907 Sqft.

There are 93 office spaces for lease in the River Oaks neighborhood, totaling 402,263 Sqft of available office space. The office space availability for the 38120 zip code is 262,003 Sqft, in 63 office spaces. The average asking office rent per sq. ft. in River Oaks is $23.81/sqft/year. For Class A office buildings the average office rate is $28/sqft/year, for Class B office buildings the average office rate is $21.71/sqft/year.

In River Oaks, there are 30 class B office buildings. In 1979, the same year 5860 Ridgeway Center Pkwy was built, 27 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Memphis, featuring 2,485,612 square feet of commercial space. At zip code level, there are 31 commercial properties, of which 31 are office buildings over 50,000 square feet.

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Details

  • Price Contact for pricing
  • City Memphis
  • Neighborhood River Oaks
  • Zip Code 38120
  • Property Type Office
  • Property Size 53,907 Sqft
  • Lot Size 3.27 Acre
  • Building Class B
  • Year Built 1979
  • Date Updated 03 Dec, 2020

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 5860 Ridgeway Center Pkwy?

5860 Ridgeway Center Pkwy totals 53,907 square feet.

When was this property built?

5860 Ridgeway Center Pkwy was built in 1979.

River Oaks Demographics

The average household income in zip code 38120 is $153,560, from a total of 6,331 households. In terms of employment, there are 94.92 % white-collar and 5.08 % blue-collar jobs in zip code 38120.

Population

  • Total Population14,634
  • Male Population(47.3 %) 6,918
  • Female Population(52.7 %) 7,716
  • Median Age47.10

Income/Financial

  • Average Household Income$153,560
  • Median Household Income$94,212
  • Median Income 25-44$86,266
  • Median Income 45-64$110,572
  • Median Income Over 65$83,359

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