Colonnade

Off Market

1661 International Drive, Memphis, TN 38120

  • Office
  • General Office
  • 89,000 Sqft

Colonnade, Memphis, TN 38120 - Office Space

Colonnade is located at 1661 International Drive in the River Oaks neighborhood, TN, Memphis, 38120. The Class B Office building was completed in 1998 and features a total of 89,000 Sqft.

There are 90 office spaces for lease in the River Oaks neighborhood, totaling 394,789 Sqft of available office space. The office space availability for the 38120 zip code is 259,593 Sqft, in 60 office spaces. The average asking office rent per sq. ft. in River Oaks is $23.71/sqft/year. For Class A office buildings the average office rate is $26/sqft/year, for Class B office buildings the average office rate is $22.8/sqft/year.

In River Oaks, there are 30 class B office buildings. In 1998, the same year Colonnade was built, 48 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Memphis, featuring 6,118,961 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

  • City Memphis
  • Neighborhood River Oaks
  • Zip Code 38120
  • Market Memphis
  • Property Type Office - General Office
  • Property Size 89,000 Sqft
  • Lot Size 3.79 Acre
  • Parking Spaces Avail. 293
  • Parking Ratio 3.30/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1998
  • Date Updated 29 Jan, 2021

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of Colonnade?

Colonnade totals 89,000 square feet.

When was this property built?

Colonnade was built in 1998.

River Oaks Demographics

The average household income in zip code 38120 is $160,224, from a total of 6,344 households. In terms of employment, there are 93.23 % white-collar and 6.77 % blue-collar jobs in zip code 38120.

Population

  • Total Population14,956
  • Male Population(47.7 %) 7,136
  • Female Population(52.3 %) 7,820
  • Median Age44.50

Income/Financial

  • Average Household Income$160,224
  • Median Household Income$101,467
  • Median Income Under 25$36,474
  • Median Income 25-44$90,552
  • Median Income 45-64$119,196
  • Median Income Over 65$95,278