Memphis, TN Office Buildings for Lease
- Southaven, MS
- Olive Branch, MS
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- Collierville, TN
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- West Memphis, AR
- Byhalia, MS
Memphis, TN Office buildings Lease Rates & Market Statistics
Browse 76 Office buildings for lease in Memphis, TN on Realmo, a commercial real estate marketplace serving the Memphis area. The current inventory totals 1,353,146 square feet of properties — an average of ~17,800 SF per listing.
Office buildings lease rates in Memphis range from $16.50 SF/Yr at the entry level to $24 SF/Yr at the top of the market, averaging $21.17 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $21.17 SF/Yr, the local average runs 54% below Tennessee's state average of $46.24 SF/Yr.
Memphis accounts for 94% of the 81 office buildings currently available across Shelby County, where nearby markets include Germantown and Collierville. Office buildings make up 33% of the 232 Office Spaces currently for lease in Memphis, with asking rates averaging $21.17 SF/Yr — 29% above the citywide Office Spaces average of $16.38 SF/Yr. Tenants comparing options may also consider Office Units (132 listings) and Medical Office Space (32 listings) elsewhere in the Memphis market.
