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Downtown Memphis Office Space
For Lease
$23 SF/Yr

100 Peabody Place, Memphis, TN 38103

Office space for rent in the heart of Downtown Memphis.

Space Size1,520 SF - 2,959 SF
Days on Market207

Property Features for 100 Peabody Place

General Information

Standard status Active
Size 1,520 SF - 2,959 SF
Property subtype Office

Spaces For Lease

at 100 Peabody Place Contact us

Suite 175 Available

Size 1,961 SF
Type Retail
Rent is NNN
Contact us

Suite 1155 Available

Size 1,520 SF
Type Office
Contact us

Suite 1165 Available

Size 2,959 SF
Type Office
Contact us
Listing Agency: CBRE | Memphis
Listed By: Patrick Reilly · License #01504114
Source: Cbre
Added: Mar 27 Changed: Oct 16 Last Checked: Oct 19 at 5:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Memphis

Rey
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Investment Insights

Based on property information with market context.

The Tower at Peabody Place, situated at 100 Peabody Place on the northeast corner of Main Street and Peabody Place, is located in the most active area of Downtown Memphis. It is centrally located within the Peabody Place Project, which extends from AutoZone Headquarters on Front Street westward to ServiceMaster’s Headquarters and a large garage, and from The Peabody Hotel on Union Avenue northward to Peabody Place southward.

Key Highlights

  • Prime downtown memphis location on the corner of Main Street and Peabody Place.
  • Central to Peabody Place Project, a large development spanning from Front Street.
  • Proximity to AutoZone Headquarters and The Peabody Hotel.

Property Analytics

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Current Use

Hudson Agency, LLC Insurance Agency Wright Kristin C Law Firm Humphreys Robert C Law Firm Whitman William G Law Firm Greater Memphis Chamber Business Service Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Furniture & Home Goods Tanning Salon Carpet & Flooring Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,426
Businesses Nearby

Demographics for 38103, TN

14,739
Population
8,811
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
2.7 sq mi
ZIP Area
5,459
Density / Sq Mi
$75,763
Median Household Income
$60,918
Median Earnings
$1,575
Median Rent
$380,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Memphis, TN

$21.17 /SF/Yr
Avg Asking Price
$16.5–$24 /SF/Yr
Price Range
18,895 SF
Avg Space Size

This space is priced 9% above the average of $21.17 /SF/Yr.

Vacancy Rate% for Office in Memphis, TN

14.6% 2019
15% 2020
16.8% 2021
16.2% 2022
17.3% 2023
16.7% 2024
17.6% 2025

Frequently Asked Questions

What type of property is this?
Office building - Office space for rent in the heart of Downtown Memphis.
Where is this office building located?
The property is located at 100 Peabody Place Memphis, TN.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Prime downtown memphis location on the corner of Main Street and Peabody Place.; Central to Peabody Place Project, a large development spanning from Front Street.; Proximity to AutoZone Headquarters and The Peabody Hotel.
More about this property
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