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Office Space in Peabody Place
For Lease
$23 SF/Yr

100 Peabody Place, Memphis, TN 38103

Office space for rent in downtown Memphis.

Space SizeContact for details
Days on Market262

Property Features for 100 Peabody Place

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Memphis
Listed By: Patrick Reilly · License #273719
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:57AM

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

Investment Insights

Based on property information with market context.

This office space is part of the Peabody Place Master Planned Development. It features attached covered parking and access to a common rooftop deck and conference facility located on top of Pembroke Square. The property is within walking distance of shops, Beale Street, FedEx Forum, and numerous restaurants and hotels. It also offers direct access to the Main Street Trolley Line.

Key Highlights

  • Walking distance to shops, Beale Street, FedEx Forum, restaurants, and hotels.
  • Direct access to Main Street Trolley Line.
  • Attached covered parking.

Property Analytics

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

Market

Lease Benchmarks for Memphis, TN

$14.2 /SF/Yr
Avg Asking Price
$4.03–$23 /SF/Yr
Price Range
10,522 SF
Avg Space Size

This space is priced 62% above the average of $14.2 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office space for rent in downtown Memphis.
Where is this office units 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: Walking distance to shops, Beale Street, FedEx Forum, restaurants, and hotels.; Direct access to Main Street Trolley Line.; Attached covered parking.
More about this property
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