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

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

Photos

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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 lease. Compare it against other office listings for lease in Memphis, TN — 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

$1.33/SF/mo – $1.80/SF/mo

Mid: $1.57/SF/mo

Based on comparable properties in similar markets rather than local sales.

Contact

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