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Downtown Historic Class A Office
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 Market285

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 us

Suite 100

Size
6,036 SF
Type
Retail
Availability
Available
Contact us

Suite 600

Size
3,609 SF
Type
Office
Availability
Available
Contact us

Suite 700

Size
4,765 SF
Type
Office
Availability
Available
Contact us

Suite 800

Size
9,784 SF
Type
Office
Availability
Available
Contact us
Listing Agency: CBRE | Palo Alto
Listed By: Patrick Reilly · License #01504114
Source: Cbre
Added: Nov 22, 2025 Changed: Sep 2 Last Checked: Sep 2 at 1:53PM

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 | Palo Alto

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

Current Use

Worldwide Contractor Services General Contractor HF Law Group, ... Law Firm Law Office of David ... Law Firm Legal Evidence Corp IT Consulting Firm Arie Jett, PTA Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Pet Grooming Service Tanning Salon Carpet & Flooring Store Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,542
Businesses Nearby

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

Market

Lease Benchmarks for Memphis, TN

$21.33 /SF/Yr
Avg Asking Price
$10.63–$35 /SF/Yr
Price Range
26,801 SF
Avg Space Size

This space is priced 13% below the average of $21.33 /SF/Yr.

Vacancy Rate% for Office in Memphis, TN

14.6% 2019
15% 2020
16.8% 2021
16.2% 2022
17.3% 2023
16.7% 2024
17.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
More about this property
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