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Ground Floor Office Space Available
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3249 W Sarazens Cir, Memphis, TN 38125

Office space near Germantown, FedEx, quiet office park.

Space Size2,000 SF
Property Size7,000 SF
Days on Market639

Property Features for 3249 W Sarazens Cir

General Information

Standard status Active
Size 2,000 SF
Total Parking Spaces 24
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 7,000 SF
Year Built 2008
Tenancy Single

Spaces For Lease

at 3249 W Sarazens Cir Contact us

Available Space

Size
2,000 SF
Availability
Active
Contact us
Listing Agency: Myers Commercial Real Estate
Listed By: Melanie Myers Bland · License #TN 288335
Source: Crexi
Added: Dec 5, 2024 Changed: Sep 4 Last Checked: Sep 4 at 7:51AM

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 ground floor office space is located in an enclosed office park, offering a quiet and safe environment. The property is situated with proximity to the City of Germantown and is close to FedEx and other corporate headquarters in the area. Ample parking is available.

Key Highlights

  • Prime ground floor office space.
  • Proximity to the City of Germantown.
  • Close to FedEx and other corporate headquarters.

Property Analytics

Current Use

Quantum Edge Technology (Bike/Boat/Book/etc) Store Midsouth Healthcare Management Corporate Office National Foundation for Transplants Charitable Organization Michael Stack Physician Reliable Accounting Solutions Accounting Firm

Suggested Use

Top Pick Auto Repair Shop Building Supply Restaurant Big Box & Wholesale Store Hair Salon Law Firm

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
$2.79 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

528
Businesses Nearby

Demographics for 38125, TN

40,970
Population
16,435
Households
2.5
Avg Household Size
37
Median Age
37%
College-Educated
95%
High-School Grad
19.0 sq mi
ZIP Area
2,156
Density / Sq Mi
$83,184
Median Household Income
$45,793
Median Earnings
$1,440
Median Rent
$230,400
Median Home Value

Market

Lease Benchmarks for Memphis, TN

$15.75 /SF/Yr
Avg Asking Price
$4.19–$35 /SF/Yr
Price Range
8,076 SF
Avg Space Size

This space is priced 18% above the average of $15.75 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office space near Germantown, FedEx, quiet office park.
Where is this office units located?
The property is located at 3249 W Sarazens Cir Memphis, TN.
What is the lease rate?
The lease rate is $18.60 SF/Yr.
What are key features of this property?
This property features: Prime ground floor office space.; Proximity to the City of Germantown.; Close to FedEx and other corporate headquarters.
More about this property
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