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Downtown Office Space For Rent
For Lease
$15.50 SF/Yr

88 Union Avenue, Memphis, TN 38103

Office suites with 360 views and abundant natural light.

Space Size534 SF - 7,670 SF
Days on Market289

Property Features for 88 Union Avenue

General Information

Standard status Active
Size 534 SF - 7,670 SF
Property subtype Office

Spaces For Lease

at 88 Union Avenue Contact us

Suite 1000

Size
4,456 SF
Type
Office
Availability
Available
Contact us

Suite 106

Size
2,258 SF
Type
Office
Availability
Available
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Suite 107

Size
534 SF
Type
Office
Availability
Available
Contact us

Suite 108

Size
3,052 SF
Type
Retail
Availability
Available
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Suite 1300

Size
4,594 SF
Type
Office
Availability
Available
Contact us

Suite 200

Size
7,670 SF
Type
Office
Availability
Available
Contact us

Suite 300

Size
7,297 SF
Availability
Available
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Suite 520

Size
687 SF
Type
Office
Availability
Available
Contact us

Suite 610

Size
1,217 SF
Type
Office
Availability
Available
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Suite 800

Size
4,594 SF
Type
Office
Availability
Available
Contact us

Suite 900

Size
4,594 SF
Type
Office
Availability
Available
Contact us
Listing Agency: CBRE | Memphis
Listed By: Patrick Reilly · License #01504114
Source: Cbre
Added: Nov 22, 2025 Changed: Sep 7 Last Checked: Sep 7 at 5:39AM

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 CBRE | Memphis

Investment Insights

Based on property information with market context.

Located at the intersection of Main Street and Union Avenue, 88 Union Center offers an environment for those desiring to work in a downtown setting. The property is located steps away from hotels, restaurants, art, cultural, sports facilities, doctors’ offices, and banking. Its location provides tenants and their employees a walkable work environment with access to the conveniences of Downtown Memphis. Single-tenant floors are available, measuring 4,594 RSF. Elevator doors open directly into tenants’ office suites. The suites offer 360-degree views of Downtown, allowing natural light into the office suites. The property is suitable for marketing firms, law firms, engineering firms, and other professional services. The property size is 32353 square feet.

Key Highlights

  • Direct elevator access into tenant's office suite.
  • Enjoy 360‑degree views of Downtown.
  • Abundance of natural light.**

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Grocery & Convenience Store Computer & Electronic Repair Food Market

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
$2.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,053
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

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

This space is priced 2% below 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office suites with 360 views and abundant natural light.
Where is this office units located?
The property is located at 88 Union Avenue Memphis, TN.
What is the lease rate?
The lease rate is $15.50 SF/Yr.
What are key features of this property?
This property features: Direct elevator access into tenant's office suite.; Enjoy **360‑degree views of Downtown.**; Abundance of natural light.**
More about this property
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