Memphis, TN Office Units for Lease
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Memphis, TN Office Units Lease Rates & Market Statistics
Browse 130 Office Units for lease in Memphis, TN on Realmo, a commercial real estate marketplace serving the Memphis area. The current inventory totals 1,672,746 square feet of properties — an average of ~12,850 SF per listing.
Office Units lease rates in Memphis range from $4.19 SF/Yr at the entry level to $34 SF/Yr at the top of the market, averaging $15.89 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 $15.89 SF/Yr, the local average runs 41% below Tennessee's state average of $26.77 SF/Yr.
Memphis accounts for 90% of the 144 office units currently available across Shelby County, where nearby markets include Bartlett and Cordova. Office Units make up 58% of the 226 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 buildings (73 listings) and Medical Office Space (30 listings) elsewhere in the Memphis market.
