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Downtown Memphis Office/Retail Space
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295 Washington Ave, Memphis, TN 38103

Gated office/retail space in a central downtown location.

Space Size922 SF - 11,550 SF
Property Size32,634 SF
Days on Market1087

Property Features for 295 Washington Ave

General Information

Standard status Active
Size 922 SF - 11,550 SF
Class D
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 32,634 SF
Year Built 1984
Tenancy Multiple

Spaces For Lease

at 295 Washington Ave Contact us

301 Washington ( 101-103 )

Size
2,930 SF
Availability
Active
Contact us

301 Washington ( 303 )

Size
1,683 SF
Availability
Active
Contact us

301 Washington ( 201 )

Size
922 SF
Availability
Active
Contact us

301 Washington ( 301 )

Size
1,711 SF
Availability
Active
Contact us

301 Washington ( 302 )

Size
1,423 SF
Availability
Active
Contact us

305 Washington

Size
11,550 SF
Availability
Active
Contact us
Listing Agency: Myers Commercial Real Estate
Listed By: Melanie Myers Bland · License #TN 288335
Source: Crexi
Added: Sep 19, 2023 Changed: Sep 7 Last Checked: Sep 8 at 4:11AM

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 Myers Commercial Real Estate

Investment Insights

Based on property information with market context.

Located in Downtown Memphis, this office/retail space offers a central location. The property is gated and features elevators for access to each floor of the building. The location ensures the business is easily accessible to clients and customers.

Key Highlights

  • Central downtown Memphis location for easy client/customer access.
  • Office/retail space suitable for various business types.
  • Gated property providing enhanced security.

Property Analytics

Current Use

Robert M. Brannon, ... Law Firm A Washington Law Firm​, ... Law Firm Pickford Law PLLC Law Firm The Law Offices of Carlissa ... Law Firm Garrett & Thomas, PLLC Law Firm

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Hair Salon Furniture & Home Goods Building Supply Veterinary Clinic

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,235
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

$15.4 /SF/Yr
Avg Asking Price
$4.03–$35 /SF/Yr
Price Range
11,364 SF
Avg Space Size

This space is priced 22% below the average of $15.4 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Gated office/retail space in a central downtown location.
Where is this office units located?
The property is located at 295 Washington Ave Memphis, TN.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Central downtown Memphis location for easy client/customer access.; Office/retail space suitable for various business types.; Gated property providing enhanced security.
More about this property
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