Downtown Historic Class A
For Lease
$18.50 SF/Yr
119 South Main Street, Memphis, TN 38103
Class A historic office building in the heart of Downtown.
Space Size3,609 SF - 9,784 SF
Days on Market331
Property Features for 119 South Main Street
General Information
Standard status
Active
Size
3,609 SF - 9,784 SF
Property subtype
Office
Spaces For Lease
at 119 South Main Street Contact usSuite 100 Available
Size
6,036 SF
Type
Retail
Suite 600 Available
Size
3,609 SF
Type
Office
Suite 700 Available
Size
4,765 SF
Type
Office
Suite 800 Available
Size
9,784 SF
Type
Office
Listing Agency:
CBRE | Memphis
Listed By:
Patrick Reilly · License #01504114
(901) 260-1054
Source:
Cbre
Added: Nov 22, 2025
Changed: Oct 16
Last Checked: Oct 19 at 4:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Memphis
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Investment Insights
Based on property information with market context.
Located in the heart of Downtown, this Class A historic building offers 18,513 square feet of office space. The property is within walking distance to a number of dining options.
Key Highlights
- Class A historic building
- Located in the heart of Downtown
- Walking distance to Memphis' best dining options
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.78 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,542
Businesses Nearby
Explore this area
Business Placement
Demographics for 38103, TN
14,739
Population
8,811
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
2.7 sq mi
ZIP Area
5,459
Density / Sq Mi
$75,763
Median Household Income
$60,918
Median Earnings
$1,575
Median Rent
$380,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Memphis, TN
$21.17 /SF/Yr
Avg Asking Price
$16.5–$24 /SF/Yr
Price Range
18,895 SF
Avg Space Size
This space is priced 13% below the average of $21.17 /SF/Yr.
Vacancy Rate% for Office in Memphis, TN
Frequently Asked Questions
What type of property is this?
Office building - Class A historic office building in the heart of Downtown.
Where is this office building located?
The property is located at 119 South Main Street Memphis, TN.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Class A historic building; Located in the heart of Downtown; Walking distance to Memphis' best dining options
