Memphis, TN Medical Office Space for Lease
- Southaven, MS
- Olive Branch, MS
- Horn Lake, MS
- Collierville, TN
- Cordova, TN
- Hernando, MS
- West Memphis, AR
- Byhalia, MS
Memphis, TN Medical Office Space Lease Rates & Market Statistics
Browse 55 Medical Office Space listings for lease in Memphis, TN on Realmo, a commercial real estate marketplace serving the Memphis area. The current inventory totals 370,996 square feet of properties — an average of ~6,750 SF per listing.
Medical Office Space lease rates in Memphis 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 $24.27 SF/Yr.
Memphis accounts for 90% of the 61 medical office space listings currently available across Shelby County, where nearby markets include Germantown and Bartlett. Medical Office Space listings make up 14% of the 390 Office Spaces currently for lease in Memphis, with asking rates in line with the citywide Office Spaces average. Tenants comparing options may also consider Office Units (214 listings) and Office buildings (136 listings) elsewhere in the Memphis market.
