3800 Forest Hill Irene — Sale in Memphis, TN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Memphis, TN 38125

Description

51,000 SF Office Building For Sale or Lease 3800 Forest Hill Irene offers an exceptional opportunity for businesses seeking a spacious, well-equipped office environment in a prime location. This single-story office building spans approximately 51,000 square feet on a generous 6-acre lot, providing flexibility for layout and branding. Tenants will appreciate the abundant surface parking, ensuring convenience for employees and visitors alike.

Market Context

This office in Memphis, TN is listed for sale. It has been on the market for 195 days. Compare it against other office listings for sale in Memphis, TN — view the full market.

As of Q1 2026, the Memphis office market showed a 6.0% vacancy rate, average asking rents near $55.08/SF/yr, and rents up 0.4% year over year. Source: CBRE Q1 2026 market report.

Tight vacancy keeps competition for quality space elevated.

Office market FAQ

Is the Memphis office market tightening or softening?
Vacancy is around 6.0% (Q1 2026).

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