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    109 S 2Nd St Memphis, TN 38103

    For Lease
    Contact for pricing

    Class A office space in the heart of Downtown Memphis.

    Property size:
    11,197 SF
    Lot size:
    0.39 Acres

    Property Features for 109 S 2Nd St

    General Information

    Size
    11,197 SF
    Lot size
    0.39 Acres

    Source: Avison Young | Memphis Agent Michael Donahoe

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Memphis Class A Office

    This Class A office space, encompassing 11,197 square feet, is situated in the core of Downtown Memphis. The space can be divided to approximately 6,000 square feet. Parking is available in an attached parking garage. An on-site fitness center is available for use. The property is located steps away from Main Street and across the street from the Peabody Hotel. The location offers convenient access to hundreds of restaurants, shops, and entertainment venues in the immediate area. It is ideally suited for advertising, marketing, branding, or corporate back-office purposes. The sublease is available through December 31, 2030, but the landlord may be willing to go direct.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Daycare Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.05311
    Latitude
    35.14193

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    FAQs

    What type of property is this?
    Office space - Class A office space in the heart of Downtown Memphis.
    Where is this office space located?
    The property is located at 109 S 2Nd St Memphis, TN.
    What are key features of this property?
    This property features: - Class A office space in the core of Downtown Memphis.; - Prime location across the street from the Peabody Hotel and steps from Main Street.; - Sublease through 12/31/2030 with potential for direct lease with Landlord.
    (901) 230-0601
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    109 S 2Nd St Memphis, TN 38103
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    Memphis, TN 38103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    109 S 2Nd St Memphis, TN 38103
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