Memphis, TN Office Units for Lease
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Memphis, TN Office Units Lease Rates & Market Statistics
Browse 138 Office Units for lease in Memphis, TN on Realmo, a commercial real estate marketplace serving the Memphis area. The current inventory totals 1,716,523 square feet of properties — an average of ~12,450 SF per listing.
Office Units lease rates in Memphis range from $4.03 SF/Yr at the entry level to $35 SF/Yr at the top of the market, averaging $15.79 SF/Yr. That's a 9x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $15.79 SF/Yr, the local average runs 34% below Tennessee's state average of $23.88 SF/Yr.
Memphis accounts for 91% of the 151 office units currently available across Shelby County, where nearby markets include Bartlett and Germantown. Office Units make up 57% of the 241 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 (80 listings) and Medical Office Space (32 listings) elsewhere in the Memphis market.
