6000 Poplar AveMemphis, TN 38119

Property Details for 6000 Poplar Ave

Year built

1986

Lot size

3.31 AC

Property size (Sq ft)

162,614 SF

Zone code

OG

Property type

Office properties

Property subtype

Office buildings

APN

080-024- - -00029

APU

8002400029

Description

This Class A Memphis office building, Regus Triad Centre I, located at 6000 Poplar Avenue, Suite 250, offers a variety of flexible workspace solutions. The 15,538 square foot building boasts 350 total suites, with 5,970 square feet currently vacant. Ideal for businesses seeking executive office space, coworking arrangements, or creative office environments, this property caters to diverse needs. Units range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, making it suitable for both small startups and larger enterprises. Renovated in 2019, the building features modern amenities including elevators and secure card access. Its convenient location near Germantown, a short 20-minute drive from Downtown Memphis, and proximity to I-240 ensures easy access for employees and clients. An attached parking deck provides ample and secure parking. The building's location places it within Shelby County, Tennessee, zip code 38119, and offers a professional environment near prominent financial and legal firms. This property presents a unique opportunity to establish a presence in a thriving Memphis business hub. The building offers a range of options for multiple tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $23,430,100

  6.5%

  $21,627,784

  7%

  $20,082,942

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,677,387

  Geo Method

  $12,677,387

• Alternative Use

  Use

  Valuation

  Residential

  $26,818,452

  Hospitality

  $24,565,558

  Educational

  $20,438,256

  Medical

  $21,141,160

  Retail

  $31,792,844

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.1028

Longitude

-89.8613

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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