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Office Unit at Peabody Place

150 Peabody Pl, Memphis, TN 38103

For Lease
Contact for pricing

Corner location near Beale Street, AutoZone Park, and FedEx Forum in downtown Memphis.

Space Size3,407 SF
Days on Market96

Property Features for 150 Peabody Pl

General Information

Standard status Active
Size 3,407 SF
Property subtype OFFICE

Site & Location

Neighborhood The Core

Spaces For Lease

at 150 Peabody Pl
150 Peabody Pl AVAILABLE, Now
Floor 1
Size 3,407 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Located in the heart of downtown Memphis, situated on the corner of Peabody Place and BB King Blvd. 150 Peabody Place is home to Texas de Brazil, Stix, Sugar Grits, Terminix, Cookie Plug, and Grind Fitness. Just minutes away from AutoZone Park, which is home to the Memphis Redbirds and the FedEx Forum, as well as the world-famous Beale Street.
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Listing Agency: Belz Enterprises
Listed By: Morris Thomas
Source: Moodyscre
Added: Aug 11 Changed: Nov 9 Last Checked: Nov 12 at 9:08AM

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 Belz Enterprises

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Investment Insights

Based on property information with market context.

This 3,407-square-foot office unit is located within Peabody Place Center at 150 Peabody Pl. The center occupies the corner of Peabody Place and BB King Blvd and includes Texas de Brazil, Stix, Sugar Grits, Terminix, Cookie Plug, and Grind Fitness.

The property is in downtown Memphis, with AutoZone Park and FedEx Forum nearby. Beale Street is also within the surrounding downtown area, placing the office in a setting with established entertainment, dining, fitness, and business-oriented occupants.

Key Highlights

  • 3,407‑square‑foot office unit at 150 Peabody Pl
  • Corner location at Peabody Place and BB King Blvd
  • Peabody Place Center includes Texas de Brazil, Stix, Sugar Grits, Terminix, Cookie Plug, and Grind Fitness

Property Analytics

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

Lease Benchmarks for Memphis, TN

$15.77 /SF/Yr
Avg Asking Price
$4.19–$34 /SF/Yr
Price Range
13,950 SF
Avg Space Size

Properties on Market for Office Units in Memphis

Jul
Aug
Sep
Oct

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 - Corner location near Beale Street, AutoZone Park, and FedEx Forum in downtown Memphis.
Where is this office unit located?
The property is located at 150 Peabody Pl Memphis, TN.
What are key features of this property?
This property features: 3,407‑square‑foot office unit at 150 Peabody Pl; Corner location at Peabody Place and BB King Blvd; Peabody Place Center includes Texas de Brazil, Stix, Sugar Grits, Terminix, Cookie Plug, and Grind Fitness
(901) 260-7234 · Office Call to check price and availability
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