Memphis Office Building: Multiple Suites Available
Lot size:
685,000 SF
Description
Added:
Dec 11, 2024
Days on Market:
391
This iconic 14-story, Class A Memphis office building, Crosstown Concourse, offers a unique opportunity. Originally constructed in 1927 and recently redeveloped, this 685,000 square foot mixed-use property boasts a prime location in Shelby County, just blocks from Interstate 40 and minutes from the downtown core, Mississippi River, and the renowned Medical District. The building currently has 14,886 square feet of vacant space available in multiple configurations, suitable for traditional office, executive office, coworking, medical office, or creative office uses. With 1150 parking spaces and situated on an 18-acre lot, this property provides ample parking and room for expansion. Nearby attractions include Overton Park, the Memphis Zoo, Levitt Shell Amphitheatre, Overton Square, Rhodes College, Southern College of Optometry, and the Bass Pro Shops at the Pyramid. This is a chance to be part of a vibrant, thriving urban village, combining living, working, learning, and recreation in one dynamic location. The building's rich history and modern amenities create an unparalleled work environment. Contact us today to learn more about available spaces and lease options. The address is 1350 Concourse Ave, Memphis, TN 38104.
Property Features for 1350 Concourse Ave
General Information
Property type
Office space
Lease Type
Gross Lease
RSF (Rentable sq. ft)
685,000 SF
Class
A
Building Details
Year Built
1927
Stories
14
Unit(s) available at that property
Space
Suite 363
Size
12,408 SF
HighLights
1927 Construction.
Diverse tenant mix: office, retail, and residential.
Office space - Memphis Office Building: Multiple Suites Available
Where is this office space located?
The property is located at 1350 Concourse Ave Memphis, TN.
What are key features of this property?
This property features: 1927 Construction.; Diverse tenant mix: office, retail, and residential.; 65,000 SF of ground-floor retail space.
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1350 Concourse Ave Memphis, TN 38104
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Realmo Value Estimation
Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods.
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AI approach
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Cap approach
Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.
Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
Relative
Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
More about this property
1350 Concourse Ave Memphis, TN 38104
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1350 Concourse Ave, Memphis, TN
Karon Nash
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Karon Nash
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1350 Concourse Ave, Memphis, TN
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1350 Concourse Ave, Memphis, TN
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to 1350 Concourse Ave Memphis, TN 38104
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Karon Nash
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