Downtown Memphis Office Sublease Available - 5,673± SF — Lease in Memphis, TN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Memphis, TN 38103

Description

Office | For Sublease: 5,673 SF Colliers is pleased to present an opportunity to sublease 5,673 square feet in Suite 300 at 50 South B.B. King Street. The 8-story office building is an award-winning historic renovation located in th Key Facts Features Award winning historic renovation Available space: 5,673± SF On-site security Beautifully renovated in 2022 Brand new fitness facility Potential furniture available Class A finishes throughout 09/30/28 expiration Attached, secured parking garage Award winning historic renovation Available space: 5,673± SF On-site security Beautifully renovated in 2022 Brand new fitness facility Potential furniture available Class A finishes throughout 09/30/28 expiration Attached, secured parking garage Available space: 5,673± SF

Market Context

This office in Memphis, TN is listed for lease. It has been on the market for 177 days. Compare it against other office listings for lease 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).

Estimated Market Rate

$17.18/SF/mo – $20.86/SF/mo

Mid: $18.14/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

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