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Union Avenue Landmark Office Space
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1331 Union Ave, Memphis, TN

Office spaces in landmark building, ideal for medical users.

Space Size980 SF - 14,983 SF
Lot Size1.12 Acres
Days on Market579

Property Features for 1331 Union Ave

General Information

Standard status Active
Size 980 SF - 14,983 SF
Lot size 1.12 Acres
Property subtype OFFICE

Site & Location

Neighborhood Memphis Medical District Collaborative

Spaces For Lease

at 1331 Union Ave Contact us
Name Size Type Rate Availability
1331 Union Ave 1,288 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
1331 Union Ave 1,506 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
1331 Union Ave 2,408 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
1331 Union Ave 2,970 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
1331 Union Ave 1,365 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
1331 Union Ave 3,197 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
1331 Union Ave 11,651 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
1331 Union Ave 11,651 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
1331 Union Ave 14,983 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
1331 Union Ave 11,651 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
1331 Union Ave 2,262 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
1331 Union Ave 1,101 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
1331 Union Ave 1,414 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
1331 Union Ave 3,889 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
1331 Union Ave 1,585 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
1331 Union Ave 980 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
Listing Agency: Avison Young | Memphis
Listed By: Justin Sypult · License #343790
Source: Moodyscre
Added: Apr 1, 2025 Changed: Oct 26 Last Checked: Oct 30 at 4:29PM

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 Avison Young | Memphis

Rey
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Investment Insights

Based on property information with market context.

Office spaces are available in a landmark building on Union Avenue, ranging from 980 square feet to 38,285 square feet. A full floor is available on the ground floor, including a motorcourt, offering approximately 40,000 square feet. Secured covered parking is available. The building offers naming rights, electronic billboard availability, and signage opportunities. The location is ideal for medical users due to its proximity to Methodist Hospital, Southern College of Optometry, and the Medical District in Midtown. The property provides excellent access to nearby shopping and restaurants on Union and Madison Avenues. The property size is 14,983 square feet.

Key Highlights

  • Office space available, ranging from 980 sf to 38,285 sf, in a landmark building on Union Avenue.
  • Ideal location for medical professionals, close to Methodist Hospital, Southern College of Optometry, and the Medical District.
  • Full ground floor availability, including motorcourt, approximately 40,000 sf.**

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Aletheia Productions Film Production Edison Electricians of Memphis Electrical Service Al-Anon & Al-Ateen Social Service Agency Attorney Precious Coleman Law Firm Design Pro Web ... Data Center

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency Auto Parts Store HVAC Service Storage Facility

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

2,852
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Memphis, TN

$15.45 /SF/Yr
Avg Asking Price
$4.19–$34 /SF/Yr
Price Range
13,482 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

Frequently Asked Questions

What type of property is this?
Office unit - Office spaces in landmark building, ideal for medical users.
Where is this office unit located?
The property is located at 1331 Union Ave Memphis, TN.
What are key features of this property?
This property features: Office space available, ranging from 980 sf to 38,285 sf, in a landmark building on Union Avenue.; Ideal location for medical professionals, close to Methodist Hospital, Southern College of Optometry, and the Medical District.; Full ground floor availability, including motorcourt, approximately 40,000 sf.**
(901) 497-7958 Call to check price and availability
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