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Downtown Office Suite
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88 Union Ave, Memphis, TN 38103

Downtown office space with convenient parking and an onsite fitness center and sauna.

Property Size2,847 SF
Days on Market519

Property Features for 88 Union Ave

General Information

Standard status Active
Size 2,847 SF
Property subtype OFFICE

Amenities

fitness center
sauna
Listing Agency: Belz Enterprises
Listed By: Morris Thomas
Source: Moodyscre
Added: Feb 28, 2025 Changed: Jul 28 Last Checked: Aug 1 at 11:36AM

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 Belz Enterprises

Investment Insights

Based on property information with market context.

This downtown office suite offers approximately 86,205 square feet of workspace. The property includes convenient parking and onsite amenities featuring a fitness center and sauna.

Situated near local attractions, restaurants, and hotels, the building is positioned for accessibility to surrounding destinations.

Designed for office use, the space is offered for rent and is intended to support everyday workplace needs with the benefit of onsite wellness amenities.

Key Highlights

  • 86,205 SF of downtown office space
  • Convenient parking
  • Onsite fitness center

Property Analytics

Current Use

Cowlar Food Processing Plant Hera Health Solutions Corporate Office Regions Mortgage Loan Service Western Union Bank Start Co. Business Service Center

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

3,542
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

$17.95 /SF/Yr
Avg Asking Price
$0.7–$26 /SF/Yr
Price Range
30,262 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 - Downtown office space with convenient parking and an onsite fitness center and sauna.
Where is this office building located?
The property is located at 88 Union Ave Memphis, TN.
What are key features of this property?
This property features: 86,205 SF of downtown office space; Convenient parking; Onsite fitness center
(901) 260-7234 Call to check price and availability
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