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5090 Millbranch Rd 4,967 SF 100% Leased Office Building Memphis, TN 38116 For Sale
INVESTMENT HIGHLIGHTS
- Prime Location: Situated in Memphis’ Whitehaven submarket, just 5 miles from Memphis International Airport with excellent visibility and access to maj
- Ample Parking: 23 surface spaces provide convenience for tenants and visitors, exceeding typical office standards.
- Fully Leased: Stable multi-tenant occupancy offers immediate income and strong investment potential.
- Versatile Zoning: RS-10 zoning supports office and mixed-use opportunities, ideal for future redevelopment or owner-user use.
EXECUTIVE SUMMARY
5090 Millbranch Rd in Memphis, TN 38116-8561 is a fully leased Class B office building offering 4,967 square feet of space on a 1.55-acre lot. Built in 1991, the single-story property features multiple tenants and provides 23 parking spaces, equating to 4.63 spaces per 1,000 square feet. Zoned RS-10 for mixed-use and office purposes, the property is strategically located in the Whitehaven submarket, just five miles from Memphis International Airport, with convenient access to public transportation and prominent signage visibility. The parcel, identified as 079095 00032, is currently owned by TSE Investment LLC and assessed at $102,000, including $36,920 for land and $65,080 for improvements. This investment opportunity offers stable tenancy and is ideal for professional services, administrative offices, or potential mixed-use redevelopment.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,967 SF
Building Class
B
Year Built
1991
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,967 SF
Building FAR
0.07
Lot Size
1.55 AC
Zoning
RS-10 - Mixed Use/Office
Parking
23 Spaces (4.63 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 07-9095-0-0032 | Improvements Assessment | $65,080 |
| Land Assessment | $36,920 | Total Assessment | $102,000 |
PROPERTY TAXES
Parcel Number
07-9095-0-0032
Land Assessment
$36,920
Improvements Assessment
$65,080
Total Assessment
$102,000
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5090 Millbranch Rd
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