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Fox Plaza 5395 Fox Plaza Dr 8,360 SF Office Building Memphis, TN 38115 For Sale
INVESTMENT HIGHLIGHTS
- 5405 is nearly fully leased
- Rent-ready units with minimal cosmetic upgrades needed
- Strong local tenant demand
- 5395 offers upside through lease-up
- Two adjacent office buildings with current income
- Located in an established and growing commercial area
EXECUTIVE SUMMARY
Adjacent Office Buildings with Cash Flow and Repositioning Upside
Introducing 5405 & 5395 Fox Plaza Dr — two adjacent office buildings in a growing Memphis submarket offering immediate income and significant upside through lease-up and light improvements.
5405 is nearly fully leased, showing strong demand for functional, affordable office space in the area. 5395 has several new tenants in the pipeline and requires only minor cosmetic work—primarily flooring and baseboards—to get units rent-ready. The main capital item to plan for is roof replacement.
This submarket continues to attract small business tenants looking for reliable space at sustainable rents. With a hands-on approach and strategic leasing, there’s ample opportunity to increase occupancy and returns.
Perfect for investors looking to grow their footprint or reposition assets with solid fundamentals, these buildings are well-suited for long-term success. Please reach out for more imformation on rent roll and pro-forma.
Introducing 5405 & 5395 Fox Plaza Dr — two adjacent office buildings in a growing Memphis submarket offering immediate income and significant upside through lease-up and light improvements.
5405 is nearly fully leased, showing strong demand for functional, affordable office space in the area. 5395 has several new tenants in the pipeline and requires only minor cosmetic work—primarily flooring and baseboards—to get units rent-ready. The main capital item to plan for is roof replacement.
This submarket continues to attract small business tenants looking for reliable space at sustainable rents. With a hands-on approach and strategic leasing, there’s ample opportunity to increase occupancy and returns.
Perfect for investors looking to grow their footprint or reposition assets with solid fundamentals, these buildings are well-suited for long-term success. Please reach out for more imformation on rent roll and pro-forma.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
8,360 SF
Building Class
C
Year Built
1985
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,360 SF
Building FAR
0.14
Lot Size
1.34 AC
Zoning
CH - Commercial Highway
Parking
50 Spaces (3.48 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $246,855 CAD | |
| Land Assessment | $144,148 CAD | Total Assessment | $391,003 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$144,148 CAD
Improvements Assessment
$246,855 CAD
Total Assessment
$391,003 CAD
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Fox Plaza | 5395 Fox Plaza Dr
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