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Downtown Memphis Office Space Available
For Lease
$23 SF/Yr

200 Jefferson Avenue, Memphis, TN 38103

Modern office building in the heart of Downtown Memphis.

Space SizeContact for details
Days on Market274

Property Features for 200 Jefferson Avenue

General Information

Standard status Active
Property subtype Office
Listing Agency:
Listed By: Don Drinkard
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 22 Last Checked: Aug 22 at 9:34AM

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 Don Drinkard

Investment Insights

Based on property information with market context.

This modern glass structure offers impressive views, 24/7 security, and covered, secured parking with a connecting sky-bridge, as well as an adjacent private park. Situated on two and a half blocks, One Memphis Place has been a prominent location in Downtown Memphis for over 30 years. It is adjacent to the Shelby County Courthouse and within walking distance of city, county, state, and federal offices, making it a desirable location for businesses seeking a central Memphis location. Recent capital projects include a new full-service management office, parking garage upgrades with enhanced security features, improved lighting, restriping and numbering of spaces, and ground floor lobby improvements such as a new revolving door, modern flooring, and a digital directory. Current projects include a tenant amenity lounge with a food service option, elevator modernization, and implementation of an ESG-carbon footprint program. The available office space is suitable for various types of businesses.

Key Highlights

  • Stunning views from a modern glass structure.
  • Prime downtown location adjacent to the Shelby County Courthouse and government offices.
  • Benefit from 24/7 security and covered, secured parking with sky‑bridge access.

Property Analytics

Current Use

US Attorney Collections Law Firm Jimmy E. McElroy Law Firm Mid-South Minority Business ... Business Management Consultant Leslie Ballin I Law Firm Attorney Law Firm

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Veterinary Clinic Hair Salon Pet Grooming Service 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
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,917
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

$21.33 /SF/Yr
Avg Asking Price
$10.63–$35 /SF/Yr
Price Range
26,530 SF
Avg Space Size

This space is priced 8% above the average of $21.33 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Modern office building in the heart of Downtown Memphis.
Where is this office building located?
The property is located at 200 Jefferson Avenue Memphis, TN.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Stunning views from a modern glass structure.; Prime downtown location adjacent to the Shelby County Courthouse and government offices.; Benefit from 24/7 security and covered, secured parking with sky‑bridge access.
More about this property
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