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Office Unit at Peabody Place
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For Lease
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150 Peabody Pl, Memphis, TN 38103

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

Space Size3,407 SF
Days on Market3

Property Features for 150 Peabody Pl

General Information

Standard status Active
Size 3,407 SF
Property subtype OFFICE

Spaces For Lease

at 150 Peabody Pl Contact us

150 Peabody Pl

Floor
1
Size
3,407 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located in the heart of downtown Memphis, situated on the corner of Peabody Place...
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Listing Agency: Belz Enterprises
Listed By: Morris Thomas
Source: Moodyscre
Added: Aug 11 Changed: Aug 13 Last Checked: Aug 13 at 3:29AM

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

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

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 Dental Office Auto Parts 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

Market

Lease Benchmarks for Memphis, TN

$14.2 /SF/Yr
Avg Asking Price
$4.03–$23 /SF/Yr
Price Range
10,522 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 - Corner location near Beale Street, AutoZone Park, and FedEx Forum in downtown Memphis.
Where is this office units 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 Call to check price and availability
More about this property
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