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East Memphis Office 1086 W Rex Rd 4,316 sq ft Retail Property Memphis, TN 38119 £504,428 (£116.87/sq ft)
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
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 Occupier
Property Type
Retail
Property Subtype
Property Size
4,316 sq ft
Costar Property Class
B
Year Built/Renovated
1955/1999
Price
£504,428
Price per sq ft
£116.87
Tenancy
Single
Number of Floors
2
Floor To Floor Height
11 ft
Plot ratio
0.21
Total Plot Size
0.48 ac
Use Class
OG
Parking
25 Spaces (5.79 Spaces per 1,000 sq ft Leased)
Frontage
51 ft on Rex Rd
AMENITIES
- Bus Route
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05-6064-0-0026 | Improvements Assessment | £109,644 (2025) |
| Land Assessment | £115,951 (2025) | Total Assessment | £225,595 (2025) |
PROPERTY TAXES
Parcel Number
05-6064-0-0026
Land Assessment
£115,951 (2025)
Improvements Assessment
£109,644 (2025)
Total Assessment
£225,595 (2025)
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East Memphis Office | 1086 W Rex Rd
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