Search
Midtown Memphis Office Space Available
For Lease
Contact for pricing

1407 Union Ave, Memphis, TN 38104

Impressive 16-story office building in Memphis' medical district for lease.

Space Size10,959 SF
Days on Market820

Property Features for 1407 Union Ave

General Information

Standard status Active
Size 10,959 SF
Property subtype OFFICE

Building Details

Year Built 1976

Spaces For Lease

at 1407 Union Ave Contact us

1407 Union Ave

Size
10,959 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- This impressive 16-story multi-tenant office building in Memphis, Tennessee, strategically...
show more
Contact us
Listing Agency: NAI Saig Company - Memphis
Listed By: Brian Califf · License #RMR001968
Source: Moodyscre
Added: May 16, 2024 Changed: Aug 8 Last Checked: Dec 3, 2025 at 5:12AM

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 NAI Saig Company - Memphis

Investment Insights

Based on property information with market context.

An impressive 16-story multi-tenant office building is available for lease in Memphis, Tennessee. The property is strategically located within the medical district in Midtown. The building features 214,586 rentable square feet. Spaces ranging from 1,447 to 11,176 square feet are available. The location offers exceptional visibility and access, conveniently situated between Midtown and the Medical District. It is optimally positioned to accommodate diverse tenancy demands, featuring various suite sizes and turn-key readiness. The property provides quick and easy access to I-240 and is located just blocks away from Memphis Methodist Hospital. This space presents an excellent opportunity for businesses seeking a strategic presence.

Key Highlights

  • Strategic location within the esteemed medical district of Memphis, Tennessee.
  • Suites are turn‑key ready.
  • Quick and easy access to I‑240.

Property Analytics

Current Use

Pathgroup Medical Clinic Vision Behavior Health ... Counselor Behavioral Science Consulting Crisis Center NIA Therapy Services ... Physician Charlotte M. Freeman, ... Physician

Suggested Use

Top Pick HVAC Service Electrical Service Pet Grooming Service Pet Store Pet Store & Service Clothing & Fashion Store

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

Location Intelligence

Trade Area within ½ mile

1,498
Businesses Nearby

Demographics for 38104, TN

22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
Median Home Value

Market

Lease Benchmarks for Memphis, TN

$19.03 /SF/Yr
Avg Asking Price
$0.7–$35 /SF/Yr
Price Range
26,715 SF
Avg Space Size

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Impressive 16-story office building in Memphis' medical district for lease.
Where is this office building located?
The property is located at 1407 Union Ave Memphis, TN.
What are key features of this property?
This property features: Strategic location within the esteemed medical district of Memphis, Tennessee.; Suites are turn‑key ready.; Quick and easy access to I‑240.
(901) 526-3100 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message