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East Memphis Office 1086 W Rex Rd 4,316 SF Retail Building Memphis, TN 38119 $942,246 CAD ($218.31 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Cash Flow Investment
  • Medispa Conversion Options
  • Priced Below Appraised Value
  • Turn-Key Salon with all Equipment

EXECUTIVE SUMMARY

Crye-Leike Commercial is proud to present 1086 Rex Road, a premier opportunity located just off Poplar Avenue in the heart of East Memphis. This beautifully designed two-story property offers 4,316 square feet of versatile space ideal for office users, medical spa or dental practices, or a turn-key salon operation.
With extensive plumbing and infrastructure already in place, this property can easily be redeveloped into a modern medical spa, dental clinic, or professional office. The existing layout and attention to interior detail create a welcoming environment suitable for clients, patients, or staff alike.
Whether you’re an investor, healthcare provider, or business owner, 1086 Rex Road offers a rare chance to transform an established structure into a vibrant, efficient, and high-visibility office or medical facility in one of Memphis’s most sought-after areas.
Schedule your private tour today:
901.758.5670 | 901.262.2055

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,316 SF
Building Class
B
Year Built/Renovated
1955/1999
Price
$942,246 CAD
Price Per SF
$218.31 CAD
Tenancy
Single
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.21
Lot Size
0.48 AC
Zoning
OG
Parking
25 Spaces (5.79 Spaces per 1,000 SF Leased)
Frontage
51’ on Rex Rd

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage

NEARBY MAJOR RETAILERS

HOTWORX
CrossFit
Simmons Bank
Renasant Bank
Olive Garden
Benihana
Jason's Deli
Another Broken Egg
The Capital Grille
First Horizon Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-6064-0-0026
Land Assessment
$217,674 CAD (2025)
Improvements Assessment
$205,833 CAD (2025)
Total Assessment
$423,507 CAD (2025)
  • Listing ID: 31898583

  • Date on Market: 2024-05-23

  • Last Updated:

  • Address: 1086 W Rex Rd, Memphis, TN 38119

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