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Office Building With Onsite Fitness and Sauna
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88 Union Ave, Memphis, TN 38103

Office building with an onsite fitness center, sauna, and convenient parking for downtown area tenants.

Property Size1,291 SF
Days on Market603

Property Features for 88 Union Ave

General Information

Standard status Active
Size 1,291 SF
Net Rentable 86,205 SF
Property subtype OFFICE

Space & Availability

Available Space 86,205 SF
Contiguous Space 86,205 SF
Space Use Office

Amenities

Fitness Center
Sauna
Listing Agency: Belz Enterprises
Listed By: Morris Thomas
Source: Moodyscre
Added: Dec 6, 2024 Changed: Jul 30 Last Checked: Aug 1 at 10:23AM

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.

An office building offering downtown office space with convenient parking. The available space is 86,205 SF, providing a sizable floorplate for an office tenant seeking a centralized Midtown-area address.

The property is located at 88 Union Ave, Memphis, TN 38103. Onsite amenities include a fitness center and sauna, supporting an everyday wellness option for employees and visitors.

With proximity to area attractions, restaurants, and hotels, the building may appeal to tenants that value access to surrounding services and frequent business traffic.

Key Highlights

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

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 - Office building with an onsite fitness center, sauna, and convenient parking for downtown area tenants.
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; Onsite fitness center; Onsite sauna
(901) 260-7234 Call to check price and availability
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