949 S. Shady Grove Sublease — Sale in Memphis, TN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Memphis, TN 38120

Description

Furnished Class A Office Space Available in East Memphis Class A property with ample covered and surface parking

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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