Your email has been sent.
Crane Co. Building of Memphis 254 Court Ave 53,736 SF 94% Leased Office Building Memphis, TN 38103 For Sale
Investment Highlights
- Fully renovated Class A office tower in the heart of Downtown Memphis.
- Flexible office configurations support a wide range of professional users.
- cent infrastructure upgrades include HVAC controls, dual fiber service, and building-wide Wi-Fi.
- Currently 85% leased to a diverse mix of legal and technology tenants.
- Adjacent private gated parking lot provides 43 dedicated parking spaces.
- Walkable to the Shelby County Courthouse, Memphis Justice Center, and St. Jude.
Executive Summary
Designed with hospitality and productivity in mind, the property features custom-built workstations, natural light-filled offices, and glass-separated collaborative layouts. On-site amenities include private catering services, zero-trust security with 24/7 key-card access, HD surveillance, and private gated surface parking. With a strong rental history and financing available, this is a premier value-add investment opportunity in a thriving downtown market.
254 Court Avenue meets current building and fire codes and is ADA compliant. Infrastructure upgrades include fire sprinkler coverage, fire detection and alarm monitoring, and comprehensive security alarm coverage. The Crane Co. Building of Memphis features Cat 5 wiring, building-wide Wi-Fi, and dual fiber service, offering seamless connectivity. In 2023, a new HVAC central controller system and individual unit controls were installed, enhancing energy efficiency. The offering includes an adjacent private gated parking lot with 43 spaces.
Strategically located in the legal and civic core of Downtown Memphis, the property offers exceptional access to major interstates, including Interstates 40, 55, and the 240 Loop, just minutes away via Danny Thomas Boulevard. Walkable to the Shelby County Courthouse, Memphis Justice Center, and St. Jude, the building also sits near major attractions like AutoZone Park, FedEx Forum, the YMCA, and a wide range of restaurants and coffee shops. This central downtown location is surrounded by key institutions, a growing talent base, and ongoing urban revitalization efforts.
With its strong occupancy, modern amenities, and premium location, the Crane Co. Building of Memphis stands as a rare investment asset in one of the city's most dynamic profes
Property Facts
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
EXEC furnished offices of square feet are available for $555 per month with a 3-month minimum term, including all utilities and amenities except parking.
Deux bureaux combinés totalisant 405 pieds carrés sont disponibles pour 1 195 $ par mois avec un terme minimum de 12 mois, incluant toutes les utilités et commodités sauf le stationnement. Remarque : La suite #215 peut être combinée avec la #217 pour un total de 1 005 pieds carrés.
Two combined offices totaling 260 square feet are available for $625 per month with a 12-month minimum term, including all utilities and amenities except parking.
Magnifique bureau de style TECH d'environ 300 pieds carrés disponible à 825 $/mois Peut être combiné avec #405 - #409 jusqu'à 2000 pi² - Appelez pour le prix
Built out TECH-style office with 8 work stations, large conference room (or large office) & reception area, Everything included for $1,350/m This space may be combined with #418 for 1,650 sf. See #416 for details.
Built out TECH-style furnished office with reception room. Everything included for $420/m. No windows.
Built out TECH-style furnished office with reception room. Everything included for $420/m. No windows.
Un bureau Luxe de 145 pieds carrés, idéal pour les professionnels, est disponible non meublé pour 625 $ par mois. Une option meublée est disponible pour un supplément de 50 $ par mois.
La Suite 513 est un grand bureau double LUXE de 520 pieds carrés disponible pour 1 450 $ par mois. Ajoutez la Suite 514, qui fait 420 pieds carrés, pour un total combiné de 940 pieds carrés à 2 150 $ par mois. Tout est inclus sauf le stationnement.
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 202 | 130 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 215 | 145 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 216 | 260 SF | Office | Full Build-Out | Now |
| 4th Fl-Ste 407 | 300 SF | Office | Full Build-Out | Now |
| 4th Fl-Ste 418 | 870 SF | Office | Full Build-Out | Now |
| 4th Fl-Ste 421 | 150 SF | Office | Full Build-Out | Now |
| 4th Fl-Ste 422 | 150 SF | Office | Full Build-Out | Now |
| 5th Fl-Ste 503 | 145 SF | Office | Full Build-Out | Now |
| 5th Fl-Ste 513 | 530-950 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 202
| Size |
| 130 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 215
| Size |
| 145 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 216
| Size |
| 260 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
4th Fl-Ste 407
| Size |
| 300 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
4th Fl-Ste 418
| Size |
| 870 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
4th Fl-Ste 421
| Size |
| 150 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
4th Fl-Ste 422
| Size |
| 150 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
5th Fl-Ste 503
| Size |
| 145 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
5th Fl-Ste 513
| Size |
| 530-950 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 202
| Size | 130 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
EXEC furnished offices of square feet are available for $555 per month with a 3-month minimum term, including all utilities and amenities except parking.
2nd Fl-Ste 215
| Size | 145 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Deux bureaux combinés totalisant 405 pieds carrés sont disponibles pour 1 195 $ par mois avec un terme minimum de 12 mois, incluant toutes les utilités et commodités sauf le stationnement. Remarque : La suite #215 peut être combinée avec la #217 pour un total de 1 005 pieds carrés.
2nd Fl-Ste 216
| Size | 260 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Two combined offices totaling 260 square feet are available for $625 per month with a 12-month minimum term, including all utilities and amenities except parking.
4th Fl-Ste 407
| Size | 300 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Magnifique bureau de style TECH d'environ 300 pieds carrés disponible à 825 $/mois Peut être combiné avec #405 - #409 jusqu'à 2000 pi² - Appelez pour le prix
4th Fl-Ste 418
| Size | 870 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Built out TECH-style office with 8 work stations, large conference room (or large office) & reception area, Everything included for $1,350/m This space may be combined with #418 for 1,650 sf. See #416 for details.
4th Fl-Ste 421
| Size | 150 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Built out TECH-style furnished office with reception room. Everything included for $420/m. No windows.
4th Fl-Ste 422
| Size | 150 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Built out TECH-style furnished office with reception room. Everything included for $420/m. No windows.
5th Fl-Ste 503
| Size | 145 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Un bureau Luxe de 145 pieds carrés, idéal pour les professionnels, est disponible non meublé pour 625 $ par mois. Une option meublée est disponible pour un supplément de 50 $ par mois.
5th Fl-Ste 513
| Size | 530-950 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
La Suite 513 est un grand bureau double LUXE de 520 pieds carrés disponible pour 1 450 $ par mois. Ajoutez la Suite 514, qui fait 420 pieds carrés, pour un total combiné de 940 pieds carrés à 2 150 $ par mois. Tout est inclus sauf le stationnement.
Demographics
Demographics
Property Taxes
| Parcel Number | 00-2027-0-0012C | Improvements Assessment | $55 CAD |
| Land Assessment | $496 CAD | Total Assessment | $551 CAD |
Property Taxes
Presented by
Crane Co. Building of Memphis | 254 Court Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.