Federal Office Building With Court
For Sale
Contact for pricing
309 Monroe Ave, Memphis, TN 38103
Purpose-built federal workplace with specialized office and judicial functions under a long-term lease structure.
Property SizeContact for details
Days on Market144
Property Features for 309 Monroe Ave
General Information
Standard status
Active
Property subtype
Office
Building Details
Tenancy
Single
Listing Agency:
Colliers - Dallas, Texas
Listed By:
Geoff Ficke · License #TX 0593051
(972) 759-7814
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 2:39AM
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 Colliers - Dallas, Texas
Investment Insights
Based on property information with market context.
This downtown Memphis office property serves as a field office for the Social Security Administration and Office of Hearings Operations. The building incorporates specialized office space and judicial court functions, with design requirements established for federal government occupancy.
The current lease provides a 10-year succeeding term, including an initial five-year period that is firm and non-cancellable. Lease obligations are supported by the full faith of the U.S. federal government, which holds an Aaa credit rating from Moody’s.
The current lease provides a 10-year succeeding term, including an initial five-year period that is firm and non-cancellable. Lease obligations are supported by the full faith of the U.S. federal government, which holds an Aaa credit rating from Moody’s.
Key Highlights
- Social Security Administration and Office of Hearings Operations field office
- Specialized office building incorporating judicial court functions
- Designed to meet General Services Administration specifications
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,891
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Office in Memphis, TN
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Frequently Asked Questions
What type of property is this?
Office building - Purpose-built federal workplace with specialized office and judicial functions under a long-term lease structure.
Where is this office building located?
The property is located at 309 Monroe Ave Memphis, TN.
What are key features of this property?
This property features: Social Security Administration and Office of Hearings Operations field office; Specialized office building incorporating judicial court functions; Designed to meet General Services Administration specifications
