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Downtown Memphis Office Space Available
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217 Exchange Ave, Memphis, TN 38105

Turn-key office space in Downtown Memphis near key landmarks.

Space Size3,200 SF
Days on Market163

Property Features for 217 Exchange Ave

General Information

Standard status Active
Size 3,200 SF
Property subtype Office, Retail
Lease Type NNN

Building Details

Building Size 3,200 SF
Tenancy Single

Spaces For Lease

at 217 Exchange Ave Contact us

Available Space

Size
3,200 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Myers Commercial Real Estate
Listed By: Melanie Myers Bland · License #TN 288335
Source: Crexi
Added: Mar 3 Changed: Aug 8 Last Checked: Aug 12 at 11:29AM

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 Myers Commercial Real Estate

Investment Insights

Based on property information with market context.

This 3,200 square foot office space is located at 217 Exchange Ave. in Downtown Memphis. Formerly an attorney's office, the space is suited for legal, professional, or administrative users. The layout includes a reception and lobby area, four private offices, and a large conference room. Additional amenities include a breakroom area and two restrooms. The property is located near the Renasant Convention Center, the Shelby County court system, and the Memphis Police Department. The lease rate is $12.00 PSF NNN. The space is ready for immediate occupancy.

Key Highlights

  • Prime Downtown Memphis location near Renasant Convention Center, Shelby County Criminal Justice Center, and Memphis Police Department
  • Turn‑key former attorney's office suitable for legal, professional, or administrative users
  • Efficient layout with a mix of private offices and collaborative space

Property Analytics

Current Use

Hardaway Law Office Law Firm Southaven DUI Lawyer Law Firm Southaven Criminal Defense ... Law Firm Carpet Cleaning Service ... Carpet Cleaning Service Memphis DUI Lawyer Law Firm

Suggested Use

Top Pick Hair Salon Furniture & Home Goods Veterinary Clinic Auto Parts Store (Bike/Boat/Book/etc) Store Pet Grooming Service

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

3,454
Businesses Nearby

Demographics for 38105, TN

6,232
Population
4,145
Households
1.5
Avg Household Size
39
Median Age
22%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
3,666
Density / Sq Mi
$29,316
Median Household Income
$34,969
Median Earnings
$928
Median Rent
$75,400
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

This space is priced 15% below the average of $14.2 /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 - Turn-key office space in Downtown Memphis near key landmarks.
Where is this office units located?
The property is located at 217 Exchange Ave Memphis, TN.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Prime Downtown Memphis location near Renasant Convention Center, Shelby County Criminal Justice Center, and Memphis Police Department; Turn‑key former attorney's office suitable for legal, professional, or administrative users; Efficient layout with a mix of private offices and collaborative space
More about this property
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