2394-2400 Highway 51 S — Lease in Hernando, MS

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Hernando, MS 38632
  • Size: 8,000 SF
  • Year built: 1970

Photos

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Description

This unique single office/retail leasing opportunity is located just off the historic Hernando Square, offering exceptional visibility and walkability. The property has recently undergone renovations, including the addition of a new rear entrance that provides convenient access to ample parking. Flexible suite options range from approximately 100–235 +/- SF, making this an ideal opportunity for retailers or professional service businesses seeking a distinctive and well‑positioned Hernando location. Building SF: 8000 | Land Size: 0.42 Ac | Year Built: 1970 | Listing Type: FOR LEASE

Market Context

This office in Hernando, MS is listed for lease across 8,000 SF. The building dates to 1970. Compare it against other office listings for lease in Hernando, MS — view the full market.

As of Q2 2026, the Memphis office market showed an 18.0% vacancy rate, and average asking rents near $20.47/SF/yr. Source: Cushman & Wakefield Q2 2026 market report.

Above-average vacancy gives tenants leverage and a wide set of comparables.

Office market FAQ

Is the Memphis office market tightening or softening?
Vacancy is around 18.0% (Q2 2026).

Estimated Market Rate

$2.40/SF/mo – $4.05/SF/mo

Mid: $2.53/SF/mo

Estimated total for 8,000 SF: $20,240 per month

Contact

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