Memphis Office Space For
For Lease
Contact for pricing
1407 Union Ave, Memphis, TN 38104
Multi-tenant office building in Memphis medical district for lease.
Space Size10,959 SF
Property Size178,016 SF
Days on Market989
Property Features for 1407 Union Ave
General Information
Standard status
Active
Size
10,959 SF
Class
C
Property subtype
Office
Building Details
Building Size
178,016 SF
Year Built
1976
Tenancy
Multiple
Spaces For Lease
at 1407 Union Ave Contact us- Size
- 10,959 SF
- Type
- Office
- Availability
- Active
Available space
Listing Agency:
NAI Saig Company Memphis
Listed By:
Brian Califf · License #TN 299669
(901) 526-3100
Source:
Crexi
Added: Dec 20, 2023
Changed: Aug 27
Last Checked: Sep 2 at 9:29AM
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 NAI Saig Company Memphis
Investment Insights
Based on property information with market context.
Located in Memphis, Tennessee, this 16-story multi-tenant office building offers space for lease. The property, situated within the medical district in Midtown, contains 214,586 rentable square feet. It features various suite sizes and turn-key readiness. The location provides visibility and access, conveniently situated between Midtown and the Medical District. Spaces range from 1,447 to 11,176 square feet. With access to I-240 and located blocks away from Memphis Methodist Hospital, this space is suitable for businesses seeking a presence in the area.
Key Highlights
- Strategic location within the esteemed medical district of Memphis, Tennessee.
- Quick and easy access to I‑240.
- Close proximity to Memphis Methodist Hospital (blocks away).
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,645
Businesses Nearby
Explore this area
Business Placement
Demographics for 38104, TN
22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
Median Home Value
Market
Lease Benchmarks for Memphis, TN
$21.33 /SF/Yr
Avg Asking Price
$10.63–$35 /SF/Yr
Price Range
26,801 SF
Avg Space Size
Vacancy Rate% for Office in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant office building in Memphis medical district for lease.
Where is this office building located?
The property is located at 1407 Union Ave Memphis, TN.
What are key features of this property?
This property features: Strategic location within the esteemed medical district of Memphis, Tennessee.; Quick and easy access to I‑240.; Close proximity to Memphis Methodist Hospital (blocks away).
