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Multi-Tenant Office Building with Fitness Center
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2650 Thousand Oaks Blvd, Memphis, TN 38118

Class B multi-tenant office with flexible floor plates, controlled access, and a newly remodeled fitness center on an iron-fenced campus.

Property Size50,000 SF
Days on Market439

Property Features for 2650 Thousand Oaks Blvd

General Information

Standard status Active
Size 50,000 SF
Class B
Property subtype OFFICE

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Space Use Office

Amenities

beautiful landscapes
newly remodeled fitness center
iron fenced campus with controlled access entry gates
on-site deli

Building Details

Tenancy Multi
Listing Agency: Jones Aur Commercial Real Estate | Memphis
Listed By: Joshua Fisher · License #368080
Source: Moodyscre
Added: May 20, 2025 Changed: Jul 31 Last Checked: Aug 1 at 9:33AM

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 Jones Aur Commercial Real Estate | Memphis

Investment Insights

Based on property information with market context.

Class B multi-tenant office building featuring modern building systems and flexible floor plans. Typical column spacing is noted at 34 and 38 feet, supporting a range of workplace layouts. The property is professionally managed with on-site management staff, including building engineers and mechanics.

The campus includes iron-fenced grounds with controlled access entry gates. A newly remodeled fitness center is on site, and an on-site deli is located in Building I. Traffic counts cited include I-240 at 188,560 AADT and Perkins Rd at 40,132 AADT.

With approximately 50,000 SF, the property is positioned for tenants seeking an office environment with strong operational support and adaptable interior structure.

Key Highlights

  • Class B multi‑tenant office building with flexible floor plans
  • Typical column spacing of 34 and 38 feet
  • Approximately 50,000 SF

Property Analytics

Current Use

Strayer University University 3 Fold Marketing Advertising Agency Smith Seckman Reid Engineering Consultant Xerox of Tennessee Business Management Consultant T J O'Brien ... Engineer

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Law Firm Restaurant

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

483
Businesses Nearby

Demographics for 38118, TN

39,627
Population
16,317
Households
2.4
Avg Household Size
32
Median Age
12%
College-Educated
79%
High-School Grad
30.5 sq mi
ZIP Area
1,299
Density / Sq Mi
$42,464
Median Household Income
$30,431
Median Earnings
$1,105
Median Rent
$95,700
Median Home Value

Market

Lease Benchmarks for Memphis, TN

$17.95 /SF/Yr
Avg Asking Price
$0.7–$26 /SF/Yr
Price Range
30,262 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
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Frequently Asked Questions

What type of property is this?
Office building - Class B multi-tenant office with flexible floor plates, controlled access, and a newly remodeled fitness center on an iron-fenced campus.
Where is this office building located?
The property is located at 2650 Thousand Oaks Blvd Memphis, TN.
What are key features of this property?
This property features: Class B multi‑tenant office building with flexible floor plans; Typical column spacing of 34 and 38 feet; Approximately 50,000 SF
(901) 545-5607 Call to check price and availability
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