Memphis Office for Sale - Downtown

The Crane Co. Building of Memphis, located at 254 Court Avenue, presents a rare opportunity to acquire a 53,800-square-foot fully renovated Class A office asset in the heart of Downtown Memphis. Currently 85% leased to a strong mix of legal and tech tenants, this historic high-rise offers a blend of executive, flex, and luxury offices from 100 to 1,200 square feet, as well as tech-style suites up to 2,500 square feet. The versatile office layouts and high-end finishes position the property to capitalize on future lease-up potential. 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 professional corridors.

Property Subtype:

Loft/Creative Space

Date on Market:

2025-09-16

Memphis Retail for Sale - Midtown

This offering presents a rare opportunity to acquire a corporate-operated Popeye’s in a high-exposure drive-thru QSR location with significantly embedded rent upside. The core investment thesis is the ability to reset the current rent of $15,552 annually to approximately $160,000 upon expiration of the option term in 2039. The original 10-year absolute NNN lease, with three 10-year options, was executed on December 9, 1998, when an older freestanding donut shop occupied the site. The lease provided the tenant the right to demolish and redevelop the property at their expense, which was completed in 2001 with the construction of the current freestanding Popeye’s. The final 10-year option commences in May 2029 at $18,862 annually, with a hard lease end date of April 30, 2039. Lamar Avenue (36K+ VPD) is one of Memphis’ primary commuter and logistics corridors, supporting strong daily traffic and long-standing quick-service demand. The site benefits from approximately 36,000 vehicles per day and is located just five miles from Memphis International Airport. Notably, of the more than 5,400 global Popeye’s locations, only 50 are corporate-operated. At just 10% of market rent, this asset offers a clearly defined mark-to-market opportunity within a long-standing corporate QSR location.

Property Subtype:

Fast Food

Date on Market:

2026-07-21

Memphis Specialty for Sale - Downtown

Property Subtype:

Parking Garage

Date on Market:

2026-07-01

Memphis Retail for Sale - Midtown

potential RETAIL Free Standing with rear Fenced, Secure, Exclusive Parking Lot 1962 Madison Avenue "Midtown", Memphis, Shelby County, Tennessee, USA 38104 1 story Brick/Block/Metal Fire Resistent of 2,952 sq. ft. that was built in 1960 Lot: .224 acre (44' X 173') Lot #6 of the McLean Subdivision Zoning: CMU-3 (Commercial Multi-Use) Foyer, 7 Offices, Kitchen, 2 Restrooms, Utility Room and large Conference Room This free standing, clean Midtown Building would make an excellent location for any business! tuckerbeck.com tbeck@crye-leike.com 9013781300

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-06-04

Memphis Multifamily for Sale - East

HIDDEN GEM WITH VALUE-ADD UPSIDE 30-unit multifamily opportunity with significant capital improvements already completed, including a new roof, newly paved and striped parking lot, and extensive site work—minimizing near-term capital needs. The property features 21 classic units with below-market rents, 7 units offline and ready for immediate renovation, and 2 fully updated units demonstrating rental upside. Existing vacancy allows for accelerated renovations without disrupting cash flow. With minimal historical rent growth, the asset presents a clear mark-to-market opportunity. Ideal for a value-add investor, the property offers multiple avenues for NOI growth through interior upgrades, improved leasing, and operational efficiencies. RARE EAST MEMPHIS OPPORTUNITY Located in the highly sought-after East Memphis submarket, the property benefits from strong demographics and consistent tenant demand. The asset offers immediate access to the I-240/Poplar corridor, a major white-collar employment hub supporting over 110,000 jobs. The property is also situated approximately 5 miles from Baptist Memorial Hospital, the flagship facility of a 21,000-employee regional health system, surrounded by a dense concentration of medical offices and healthcare providers. MEMPHIS EMERGING AI HUB Memphis’ core industries—logistics and healthcare—are being accelerated by major investment in artificial intelligence and technology infrastructure. Elon Musk’s xAI expansion and Google’s $10 billion data center project highlight the city’s emergence as a growing AI hub. Cumulatively, over 15,000 jobs across AI and supporting supplier industries have already been announced, driving economic expansion as well as a forecast for increased demand for housing. The Memphis MSA surpassed $100 billion in Gross Regional Product in 2024, reinforcing its position as an emerging market for multifamily investment.

Property Subtype:

Apartment

Date on Market:

2026-04-09

Memphis Office for Sale - Midtown

Exceptional commercial opportunity in a prime location! Built in 2022, this modern, newer-construction building offers approximately 5,000 sq ft of highly versatile space. Enjoy peace of mind with all major systems under 4 years old, including a newer roof and 4 high-efficiency HVAC systems. The functional layout features a full kitchen and 5 bathrooms, making it completely turn-key. Designed for security and convenience, the property boasts a large, paved parking lot fully enclosed by a custom iron fence and gate. The flexible floor plan provides endless possibilities, making it ideal for professional office space, a medical clinic, an upscale daycare, or retail. Situated on Poplar Avenue, your business will benefit from maximum visibility and heavy traffic counts. Bank just had property appraised at $1,498,000.

Date on Market:

2026-04-01

Memphis Land for Sale - North

Mixed-use opportunity next to the Base Pro and St. Jude's. This offering presents a rare opportunity to acquire a high-profile corner parcel in the heart of Downtown Memphis. Located at the first stoplight off Mud Island, the site is positioned at the intersection of Front Street and A.W. Willis Street, providing exceptional visibility and access. The property is surrounded by major redevelopment activity, including new housing projects led by St. Jude, revitalization along Front Street and Beale Street, and proximity to the Memphis Riverfront. The parcel is within walking distance of hotels, the Renasant Convention Center, and a new Chick-fil-A, making it an attractive location for mixed-use development. Nearby projects such as the Brooks Museum relocation, Memphis Mobility Center, and Riverfront Park further enhance the area’s growth trajectory. This site is well-suited for Mixed Use as such as hotel, retail, or other high visibility uses, offering investors and developers a chance to participate in Memphis’ ongoing urban renaissance.

Property Subtype:

Commercial

Date on Market:

2026-03-27

Memphis Retail for Sale - East

Prime Investment or Owner User Opportunity in the Heart of East Memphis Frontage on Poplar Avenue Rear Parking Lot with 29 spaces and 12 spaces on front and side AT&T occupies 1 unit, Poplar & Payne Occupies the other 2 units. Strong in Place cash flow with future upside below replacement cost email agent for full cash flow details

Date on Market:

2026-02-27