Office for Lease in Memphis, TN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Memphis, TN 38119

Description

Prime Office Space Available in East Memphis Submarket The building was completely renovated in 2015/2016 to include new lobby finishes, updated restrooms and common areas, upgraded elevators, complete lighting retro-fit, new HVAC system including controls and building automation system, new outdoor patio area overlooking Lichterman Nature Center, resurfaced parking lot, and new LED parking lot lighting. Monument signage available.

Market Context

This office in Memphis, TN is listed for lease. It has been on the market for 148 days. Compare it against other office listings for lease in Memphis, TN — <a href="/search/lease/office/tennessee/memphis">view the full market</a>.

As of Q1 2026, the Memphis office market showed a 6.0% vacancy rate, average asking rents near $55.08/SF/yr, and rents up 0.4% year over year. Source: CBRE Q1 2026 market report.

Tight vacancy keeps competition for quality space elevated.

Office market FAQ

Is the Memphis office market tightening or softening?
Vacancy is around 6.0% (Q1 2026).

Unified Estimate

Very Low Confidence

$6.97/SF/mo – $9.43/SF/mo

Mid: $8.20/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market chicago (similarity: 100%) with 6 comparable listings.

Contact

Explore this market

Similar Office for Lease in Memphis, TN