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Mid-Rise Office Center
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8245 Tournament Dr, Memphis, TN 38125

Office center with multiple mid-rise buildings built between 1990 and 2001 and flexible space for a wide range of company sizes.

Space Size1,707 SF
Property Size63,992 SF
Days on Market49

Property Features for 8245 Tournament Dr

General Information

Standard status Active
Size 1,707 SF
Class B
Property subtype Office

Additional Details

Space Use Office

Building Details

Building Size 63,992 SF
Year Built 1991

Spaces For Lease

at 8245 Tournament Dr Contact us

8245 Tournament Drive (Sublease)

Size
1,707 SF
Type
Office Building
Term
Negotiable
Rate
Contact for pricing
Contact us
Listed By: Jeff Higdon, SIOR · License #TN #282661
Source: Naiglobal
Added: Jul 29 Changed: Sep 2 Last Checked: Sep 15 at 6:13AM

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 Jeff Higdon, SIOR

Investment Insights

Based on property information with market context.

Southwind Office Center offers a campus-style office setting with seven mid-rise buildings built between 1990 and 2001. The property is designed to accommodate companies of many different sizes, with space available for organizations ranging from 2 employees to 2,000.

The office center features three different architectural styles and focuses on efficient floor planning. The property size is listed as 2,114 square feet, supporting a range of practical office occupancy needs within the campus environment.

Tenants benefit from the variety of available space configurations across the buildings, allowing businesses to select an office layout that fits their headcount and operating style while remaining within the same managed office center.

Key Highlights

  • Seven mid‑rise buildings
  • Built between 1990 and 2001
  • Three architectural styles with efficient floor planning

Property Analytics

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Current Use

National Capital Management Loan Service Lumatrak, Inc (Bike/Boat/Book/etc) Store Mass Mutual Financial ... Insurance Agency Millennium Staffing - Regional ... Employment Agency Memphis Business Capital Financial Advisor

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Restaurant Kitchen & Bath Showroom

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

669
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Memphis, TN

$20.31 /SF/Yr
Avg Asking Price
$12.6–$24 /SF/Yr
Price Range
19,018 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 building - Office center with multiple mid-rise buildings built between 1990 and 2001 and flexible space for a wide range of company sizes.
Where is this office building located?
The property is located at 8245 Tournament Dr Memphis, TN.
What are key features of this property?
This property features: Seven mid‑rise buildings; Built between 1990 and 2001; Three architectural styles with efficient floor planning
More about this property
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