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Class A Office Space
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150 Peabody Pl, Memphis, TN 38103

Multi-floor office space with common-area cafeteria and lounge, plus parking garage access.

Space Size11,680 SF
Days on Market732

Property Features for 150 Peabody Pl

General Information

Standard status Active
Size 11,680 SF
Class A
Property subtype OFFICE

Additional Details

Business Included No

Amenities

Common Area Cafeteria and Lounge
Parking Garage Access

Spaces For Lease

at 150 Peabody Pl Contact us

150 Peabody Place

Size
11,680 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 13,081 rsf on 2nd floor - 44,576 rsf on 3rd floor - Class A Office Space - Common...
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Listing Agency: NAI Saig Company - Memphis
Listed By: Hamel (Hank) Martin
Source: Moodyscre
Added: Sep 11, 2024 Changed: Sep 9 Last Checked: Sep 12 at 9:55AM

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.

Class A office space offering suites on the 2nd and 3rd floors, with 13,081 rsf on the 2nd floor and 44,576 rsf on the 3rd floor. The building includes common-area cafeteria and lounge space, supporting everyday workplace needs.

The property is located at 150 Peabody Pl in downtown Memphis, situated on the corner of Peabody Place and BB King Blvd. Parking garage access is available for convenient on-site arrival.

Key Highlights

  • 13,081 rsf on the 2nd floor
  • 44,576 rsf on the 3rd floor
  • Class A office space

Property Analytics

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Open Analytics

Current Use

Vuanita Jones-McArthur, Best ... Real Estate Agency Sugar Grits Restaurant ServiceMaster Consumer Services Hardware & Home Improvement Candu HVAC Service ZeroTo510 Business Service Center

Suggested Use

Top Pick Electrical Service Furniture & Home Goods HVAC Service Big Box & Wholesale Store Auto Parts Store Carpet & Flooring 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

3,593
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
View Realmo Analytics

Market

Lease Benchmarks for Memphis, TN

$19.89 /SF/Yr
Avg Asking Price
$12.6–$24 /SF/Yr
Price Range
21,838 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
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Frequently Asked Questions

What type of property is this?
Office building - Multi-floor office space with common-area cafeteria and lounge, plus parking garage access.
Where is this office building located?
The property is located at 150 Peabody Pl Memphis, TN.
What are key features of this property?
This property features: 13,081 rsf on the 2nd floor; 44,576 rsf on the 3rd floor; Class A office space
(901) 526-3100 Call to check price and availability
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