Memphis, TN Office Spaces for Lease
- Southaven, MS
- Olive Branch, MS
- Horn Lake, MS
- Collierville, TN
- Cordova, TN
- Hernando, MS
- West Memphis, AR
- Byhalia, MS
Memphis, TN Office Spaces Lease Rates & Market Statistics
Browse 413 Office Spaces for lease in Memphis, TN on Realmo, a commercial real estate marketplace serving the Memphis area. The current inventory totals 5,874,146 square feet of properties — an average of ~14,200 SF per listing.
Office Spaces lease rates in Memphis range from $4.19 SF/Yr at the entry level to $35 SF/Yr at the top of the market, averaging $17.47 SF/Yr. That's a 8x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $17.47 SF/Yr, the local average runs 22% below Tennessee's state average of $22.47 SF/Yr.
Memphis accounts for 93% of the 444 office spaces currently available across Shelby County, where nearby markets include Germantown and Bartlett. By space type, the market includes 226 office units, 146 office buildings and 60 medical office space listings — office units typically offer the lowest entry point, while office buildings command the highest rates.
