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Class A Office Units
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949 Shady Grove Rd, Memphis, TN 38119

Office space with covered and surface parking supports convenient daily access.

Property Size6,645 SF
Days on Market480

Property Features for 949 Shady Grove Rd

General Information

Standard status Active
Size 6,645 SF
Class A
Property subtype OFFICE

Amenities

ample covered and surface parking
Listing Agency: CBRE | Memphis
Listed By: Ronald "Ron" Kastner
Source: Moodyscre
Added: Apr 9, 2025 Changed: Jul 31 Last Checked: Jul 31 at 10:32AM

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.

Class A office units comprising 6,645 square feet are available at 949 Shady Grove Rd in Memphis, Tennessee. The property includes both covered and surface parking, providing multiple on-site parking options for occupants and visitors.

Key Highlights

  • 6,645 square feet of office space
  • Class A property
  • Covered parking available

Property Analytics

Current Use

Pinnacle Financial Partners Bank Green Square Wealth ... Financial Advisor R. Brooks Fowler ... Financial Advisor Strategic Financial Partners Insurance Agency Pfizer Inc Factory

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom Grocery & Convenience 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

826
Businesses Nearby

Demographics for 38119, TN

23,997
Population
10,521
Households
2.3
Avg Household Size
39
Median Age
53%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
2,727
Density / Sq Mi
$86,325
Median Household Income
$53,068
Median Earnings
$1,336
Median Rent
$279,100
Median Home Value

Market

Lease Benchmarks for Memphis, TN

$13.66 /SF/Yr
Avg Asking Price
$4.19–$23 /SF/Yr
Price Range
26,362 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 units - Office space with covered and surface parking supports convenient daily access.
Where is this office units located?
The property is located at 949 Shady Grove Rd Memphis, TN.
What are key features of this property?
This property features: 6,645 square feet of office space; Class A property; Covered parking available
(901) 335-2266 Call to check price and availability
More about this property
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