For Lease
$18/SF/YR

266 Cleveland St Memphis, TN 38104

Memphis Office Building - 8,536 SF Available

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 8,536-square-foot creative office building, located at 266 S Cleveland Street in Memphis, Tennessee, presents a unique investment opportunity. Built in 1957, this Class B property boasts a prime location in the heart of the Medical District, offering convenient access to Methodist University and other key medical facilities. The entire building, encompassing 8,536 contiguous square feet, is currently vacant and available for lease. The two-story structure features one elevator and ample parking with 50 spaces spread across three dedicated lots. The zoning is Commercial - Medical Office - CMU 3, making it ideally suited for a variety of medical office uses, including, but not limited to, chiropractic, physical therapy, dental, or counseling practices. The property includes a single building with a total of 8,536 square feet, offering flexibility for a single tenant or the potential for multiple tenants. The building's address is 266 S Cleveland Street, Memphis, TN 38104, with a cross street of Union Avenue. The Shelby County Assessor's Parcel Number (APN) is 016019 00010. This property offers a rare chance to acquire a substantial, well-located office building in a thriving medical district. The building's size and parking provisions make it an attractive option for a variety of medical professionals seeking a prominent location with ample space and convenient parking for both staff and clients. The second floor is currently available for lease.

Highlights

  • Ample parking available on both sides and across the street.
  • Prime Medical District location, walkable to Methodist University.
  • Secure building with controlled access and security system.
  • Individual HVAC units.
  • Monument signage opportunity.

Property Details for 266 Cleveland St

Property type
Office properties, Office space
RSF (Rentable sq. ft)
8,536 SF
Class
B
Year Built
1957
Buildings
1
Stories
2

Unit(s) available at that property

Space
2nd Story Offices
Size
1,850 SF
Rate per SF
$18

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.1347412
Longitude
-90.0165053

FAQs

What type of property is this?
Office property - Memphis Office Building - 8,536 SF Available
Where is the office property located?
The property is located at 266 Cleveland St Memphis, TN.
What is the lease rate?
The lease rate is $18/SF/YR.
What are key features of this property?
This property features: Ample parking available on both sides and across the street.; Prime Medical District location, walkable to Methodist University.; Secure building with controlled access and security system.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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266 Cleveland St
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