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8245 Tournament Dr, Memphis, TN 38125

Office space is available across seven mid-rise buildings with three architectural styles and efficient floor planning.

Property Size146 SF
Days on Market1258

Property Features for 8245 Tournament Dr

General Information

Standard status Active
Size 146 SF
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Space Use Office
Listing Agency: CBRE | Memphis
Listed By: Ronald "Ron" Kastner
Source: Moodyscre
Added: Feb 20, 2023 Changed: Jul 31 Last Checked: Jul 31 at 10:57AM

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.

Southwind Office Center offers office units across 7 mid-rise buildings built between 1990 and 2001. The property includes 146 square feet of office space and presents three architectural styles, each with efficient floor planning. The buildings are designed to support office users seeking space in a multi-building professional setting.

The office center is located at 8245 Tournament Dr in Memphis, Tennessee, within the 38125 ZIP code. Available space is offered for rent, providing a range of office configurations across the center’s seven buildings.

Key Highlights

  • 7 mid‑rise office buildings
  • Buildings constructed between 1990 and 2001
  • 146 square feet of office space

Property Analytics

Current Use

National Capital Management Loan Service Lumatrak, Inc (Bike/Boat/Book/etc) Store Mass Mutual Financial ... Insurance Agency Millennium Staffing - Regional ... Employment Agency Memphis Business Capital Financial Advisor

Suggested Use

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

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
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

323
Businesses Nearby

Demographics for 38125, TN

40,970
Population
16,435
Households
2.5
Avg Household Size
37
Median Age
37%
College-Educated
95%
High-School Grad
19.0 sq mi
ZIP Area
2,156
Density / Sq Mi
$83,184
Median Household Income
$45,793
Median Earnings
$1,440
Median Rent
$230,400
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

This space is priced 54% above the average of $13.66 /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 is available across seven mid-rise buildings with three architectural styles and efficient floor planning.
Where is this office units located?
The property is located at 8245 Tournament Dr Memphis, TN.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: 7 mid‑rise office buildings; Buildings constructed between 1990 and 2001; 146 square feet of office space
(901) 335-2266 Call to check price and availability
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