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Downtown Tupelo Office Space Available
For Lease
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111 S Spring St, Tupelo, MS 38804

Office space for lease in historic downtown Tupelo.

Space Size2,300 SF
Days on Market581

Property Features for 111 S Spring St

General Information

Standard status Active
Size 2,300 SF
Property subtype OFFICE

Spaces For Lease

at 111 S Spring St Contact us

111 S Spring St $16/SF/Yr

Floor
2
Size
2,300 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
Contact us
Listing Agency: TRI Inc.
Listed By: Clay Short · License #S-27047
Source: Moodyscre
Added: Feb 8, 2025 Changed: Aug 23 Last Checked: Sep 11 at 5:15AM

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 TRI Inc.

Investment Insights

Based on property information with market context.

Office space is available for lease in the central business district of historic downtown Tupelo. The space can be leased as either 2,300 square feet or 3,225 square feet, or a total of 5,525 square feet. The asking rate is $16.00 per square foot per year, modified gross. The owner will improve or offer an allowance for creditworthy tenants. The space is located on the 2nd level of a landmark property occupied by Reed’s Department Store, above the Reed’s Bookstore. Parking is shared and public, typical for downtown Tupelo. This space is suitable for a business that would benefit from modestly priced professional office space in a high-traffic, landmark building. Nearby businesses include retailers, restaurants, and professional office users such as headquarters for Cadence and Renasant banks, Vanelli’s Deli, and Mitchell McNutt and Sams law firm.

Key Highlights

  • Prime location in the historic downtown Tupelo central business district.
  • Located in a landmark building above Reed's Bookstore and within Reed's Department Store.
  • Flexible space options: 2,300 SF, 3,225 SF, or a combined 5,525 SF.

Property Analytics

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Current Use

Tupelo 2 Go Courier Service Arise Psychiatry Crisis Center Ruth Bibeau Physician

Suggested Use

Top Pick Electrical Service Carpet & Flooring Store Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,399
Businesses Nearby

Demographics for 38804, MS

17,314
Population
7,978
Households
2.2
Avg Household Size
40
Median Age
30%
College-Educated
87%
High-School Grad
78.5 sq mi
ZIP Area
221
Density / Sq Mi
$63,837
Median Household Income
$37,416
Median Earnings
$858
Median Rent
$201,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Tupelo, MS

$8.4 /SF/Yr
Avg Asking Price
$1.95–$14 /SF/Yr
Price Range
47,374 SF
Avg Space Size

This space is priced 91% above the average of $8.4 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office space for lease in historic downtown Tupelo.
Where is this office units located?
The property is located at 111 S Spring St Tupelo, MS.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Prime location in the historic downtown Tupelo central business district.; Located in a landmark building above Reed's Bookstore and within Reed's Department Store.; Flexible space options: **2,300 SF, 3,225 SF, or a combined 5,525 SF**.
(662) 842-8283 Call to check price and availability
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