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 229 Office Spaces for lease in Memphis, TN on Realmo, a commercial real estate marketplace serving the Memphis area. The current inventory totals 3,172,119 square feet of properties — an average of ~13,850 SF per listing.
Office Spaces lease rates in Memphis range from $4.03 SF/Yr at the entry level to $31.20 SF/Yr at the top of the market, averaging $16.73 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 $16.73 SF/Yr, the local average runs 33% below Tennessee's state average of $24.91 SF/Yr.
Within Shelby County, most Memphis office spaces listings are located in and around Cordova, with additional options across the city. By space type, the market includes 131 office units, 76 office buildings and 31 medical office space listings — office units typically offer the lowest entry point, while office buildings command the highest rates.
