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    85 Danny Thomas Blvd Memphis, TN 38103

    Sponsored
    For Lease
    Contact for pricing

    66,000 SF Office Space Available

    Lot size:
    66,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional six-story, 66,000-square-foot office building, located in Memphis' vibrant Downtown submarket at 85 N Danny Thomas Blvd, presents a unique investment opportunity. Built in 1970 and extensively renovated in 1986, the property boasts multiple tenancy options within its fully vacant 9,000 square-foot floor plates. Suitable for traditional office, executive office, or medical office uses, the building offers significant flexibility for various business needs. The building features ample parking included at no extra cost to tenants, and prominent building signage opportunities are available. Further enhancing its appeal, the property has achieved LEED Platinum Certification, a testament to its commitment to sustainability. Recent upgrades include a complete overhaul of the roof, HVAC system, elevators, and windows. Tenants will also enjoy the convenience of a newly added fitness center and cafeteria located on the lower level. For added security, the building is currently undergoing installation of a fully automated access system and perimeter fencing. This prime Downtown Memphis location, in Shelby County, Tennessee (zip code 38103), offers unparalleled access to the city's amenities and transportation networks. The building's impressive features and strategic location make it an ideal choice for businesses seeking a modern, efficient, and sustainable workspace.

    Property Features for 85 Danny Thomas Blvd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    66,000 SF

    Building Details

    Year Built/Renovated
    1970/1986
    Buildings
    1
    Stories
    6

    Unit(s) available at that property

    Space
    Suite 100
    Size
    7,960 SF
    Space
    Suite 200
    Size
    8,915 SF
    Space
    Suite 400
    Size
    8,915 SF
    Space
    Suite 500
    Size
    8,915 SF
    Space
    Suite 300
    Size
    8,915 SF
    Space
    Suite 600
    Size
    8,915 SF

    HighLights

    • 66,000 SF fully vacant building.
    • 9,000 SF floor plates.
    • Excellent signage opportunities.
    • Full building backup generator.
    • LEED Platinum certified with updated roof, HVAC, elevators, and windows.
    • New fitness center and cafeteria.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Suzanne E. ... Family Practice Physician Yates Robert L ... Obstetrician-Gynecologist Smith Phillip K ... Family Practice Physician BlueCross BlueShield of Tennessee Health Insurance Agency Southern Health Plan Insurance Agency

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Wholesale Shop Dental Office Hair Salon Auto Repair Shop Nail Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0453354
    Latitude
    35.1459984

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    FAQs

    What type of property is this?
    Medical office - 66,000 SF Office Space Available
    Where is this medical office located?
    The property is located at 85 Danny Thomas Blvd Memphis, TN.
    What are key features of this property?
    This property features: 66,000 SF fully vacant building.; 9,000 SF floor plates.; Excellent signage opportunities.
    Request Owner's contact information
    85 Danny Thomas Blvd Memphis, TN 38103
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    Memphis, TN 38103
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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. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    85 Danny Thomas Blvd Memphis, TN 38103
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