Renaissance Center — Lease in Memphis, TN

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

Description

Class A Office Space Available Along Poplar Avenue This nine story, 191,000 SF Class A office building was built in 2000 and serves as one of Memphis' finest assets. Renaissance Center offers efficient floor plans with open spaces and full floor opportunities along with a covered parking garage and state of the art building systems.

Market Context

This retail in Memphis, TN is listed for lease. It has been on the market for 196 days. Compare it against other retail listings for lease in Memphis, TN — view the full market.

As of Q1 2026, the Memphis retail market showed a 4.2% vacancy rate, average asking rents near $25.56/SF/yr, and cap rates around 7.0%. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in Memphis?
About 7.0% as of Q1 2026, per multiple brokerage reports.
Is the Memphis retail market tightening or softening?
Vacancy is around 4.2% (Q1 2026).

Estimated Market Rate

$1.81/SF/mo – $2.45/SF/mo

Mid: $2.13/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

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