I am pleased to offer this amazing 35,508 square foot Professional Office Property! Located with in the Heart of East Memphis, in a dense Office/residential corridor with a strong mix of recession proof tenants providing for you a secure investment. Offering a quiet office setting, which includes a landscaped interior courtyard and "A" finishes. Renovations in Lobby and common area. The building exterior just went through a major renovation with new exterior painting of the brick, parking lot, and updated landscaping. High ceilings, 9'-10' throughout, and elevator. Priced below replacement value, Tennessee is an income tax free state, Memphis is the second most Populous City in Tennessee with about 630,000 residents, vehicle count for Ridge Lake Boulevard is approx. 145,000 vehicles per day, Excellent demographics, with a population of over 200,000. With nearby tenants include: Target, PetSmart, Best Buy, Marriott, Hilton, Embassy Suites, Hampton Inn & Suites, REI, Staybridge Suites, Courtyard by Marriott, Hyatt Place, La Quinta Inn & Suites and many more.
NEW PRICE!! RARE opportunity to OWN a turnkey office space in the Kirby Office Condominium Complex! Office spaces, let alone entire floors, in this complex rarely become available for purchase. Unit 200 is in great condition and ready to serve as your next office or income generator. Second floor includes: two entrances, 5 office spaces, 2 large common areas, 2 full bathrooms, and a kitchen area.
The median home value in Memphis, TN is $148,300. This is lower than the county median home value of $206,500. The national median home value is $338,100. The average price of homes sold in Memphis, TN is $148,300. Approximately 40.23% of Memphis homes are owned, compared to 45.77% rented, while 14% are vacant. Memphis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Memphis real estate agent to arrange a tour today!
Memphis, Tennessee 38120 has a population of 634,139. Memphis 38120 is less family-centric than the surrounding county with 19.26% of the households containing married families with children. The county average for households married with children is 25.11%.
The median household income in Memphis, Tennessee 38120 is $43,981. The median household income for the surrounding county is $55,015 compared to the national median of $69,021. The median age of people living in Memphis 38120 is 34.2 years.
The average high temperature in July is 90.9 degrees, with an average low temperature in January of 30.3 degrees. The average rainfall is approximately 54.1 inches per year, with 3 inches of snow per year.