Germantown, TN Medical Office Space for Lease
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Germantown, TN Medical Office Space Lease Rates & Market Statistics
Explore 31 Medical Office Space listings for lease in Germantown, TN on Realmo, a commercial real estate exchange covering the Germantown area. The current inventory totals 218,510 square feet of properties — an average of ~7,050 SF per listing.
Medical Office Space lease rates in Germantown range from $10.27 SF/Yr at the entry level to $25 SF/Yr at the top of the market, averaging $16.16 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $16.16 SF/Yr, the local average runs 33% below Tennessee's state average of $24.03 SF/Yr.
Germantown accounts for 86% of the 36 medical office space listings currently available across Shelby County, where nearby markets include Memphis and Bartlett. Medical Office Space listings make up 14% of the 229 Office Spaces currently for lease in Germantown, with asking rates in line with the citywide Office Spaces average. Tenants comparing options may also consider Office Units (131 listings) and Office buildings (76 listings) elsewhere in the Germantown market.