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Executive Summary

Upcoming Opportunities for an Owner-Occupant!
Situated just off Poplar Avenue and minutes from I-240, the property provides exceptional accessibility to East Memphis, Germantown, Downtown Memphis, and the broader Memphis MSA. Tenants benefit from proximity to major employers, medical facilities, restaurants, retail centers, and financial institutions that make the East Memphis submarket one of the region’s most desirable office locations.
The surrounding area is supported by a highly educated workforce, strong household incomes, and a concentration of established office users, creating an environment perfect for business growth and employee retention. With multiple entry and private access to your suite in elevator building, convenient parking, professional surroundings, and immediate access to the amenities of the Poplar corridor, this upcoming vacancy presents an excellent opportunity for businesses looking to elevate their presence in a premier East Memphis location.

Attachments

OM_Sale

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
12,560 SF
Building Class
B
Year Built/Renovated
1983/1994
Price
$1,875,000
Price Per SF
$149.28
Cap Rate
7.03%
NOI
$131,813
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,560 SF
Slab To Slab
10’
Building FAR
0.29
Lot Size
1.00 AC
Zoning
CMU-2 - Office zoning.
Parking
6 Spaces (4 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 2nd Fl-Ste 204
  • 2,794 SF
  • Office
  • Full Build-Out
  • 30 Days

Take advantage of a rare opportunity to lease second-floor office space in one of East Memphis’ most established business corridors. Available September 2026, this professionally maintained office suite in an elevator building, offers an ideal setting for professional services firms, medical-related users, consulting groups, nonprofits, and other office tenants seeking a central, amenity-rich location with ample parking. Situated just off Poplar Avenue and minutes from I-240, the property provides exceptional accessibility to East Memphis, Germantown, Downtown Memphis, and the broader Memphis MSA. Tenants benefit from proximity to major employers, medical facilities, restaurants, retail centers, and financial institutions that make the East Memphis submarket one of the region’s most desirable office locations. The surrounding area is supported by a highly educated workforce, strong household incomes, and a concentration of established office users, creating an environment perfect for business growth and employee retention. With multiple entry and private access to your suite in elevator building, convenient parking, professional surroundings, and immediate access to the amenities of the Poplar corridor, this upcoming vacancy presents an excellent opportunity for businesses looking to elevate their presence in a premier East Memphis location.

Space Size Space Use Build-Out Available
2nd Fl-Ste 204 2,794 SF Office Full Build-Out 30 Days

2nd Fl-Ste 204

Size
2,794 SF
Space Use
Office
Build-Out
Full Build-Out
Available
30 Days

2nd Fl-Ste 204

Size 2,794 SF
Space Use Office
Build-Out Full Build-Out
Available 30 Days

Take advantage of a rare opportunity to lease second-floor office space in one of East Memphis’ most established business corridors. Available September 2026, this professionally maintained office suite in an elevator building, offers an ideal setting for professional services firms, medical-related users, consulting groups, nonprofits, and other office tenants seeking a central, amenity-rich location with ample parking. Situated just off Poplar Avenue and minutes from I-240, the property provides exceptional accessibility to East Memphis, Germantown, Downtown Memphis, and the broader Memphis MSA. Tenants benefit from proximity to major employers, medical facilities, restaurants, retail centers, and financial institutions that make the East Memphis submarket one of the region’s most desirable office locations. The surrounding area is supported by a highly educated workforce, strong household incomes, and a concentration of established office users, creating an environment perfect for business growth and employee retention. With multiple entry and private access to your suite in elevator building, convenient parking, professional surroundings, and immediate access to the amenities of the Poplar corridor, this upcoming vacancy presents an excellent opportunity for businesses looking to elevate their presence in a premier East Memphis location.

Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
06-5010-D0-0002
Land Assessment
$94,160
Improvements Assessment
$453,160
Total Assessment
$547,320
  • Listing ID: 40901845

  • Date on Market: 6/12/2026

  • Last Updated:

  • Address: 4735-4739 Spottswood Ave, Memphis, TN 38117

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