Listing Agency: d***@cbre.com Show Phone

Listed By: Don Drinkard Show Phone

Source: Cbre

Added: May 20 Changed: Aug 13 Last Checked: Aug 22 at 12:23PM

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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 Don Drinkard

Investment Insights

Based on property information with market context.

Available for rent is a 4,684 RSF Class A office space. The property is located on South Main Street in Memphis, TN.

Key Highlights

• 4,684 RSF of space
• Class A office space
• Office space available

Property Analytics

Property Profile

Current Use

Heart of the House Memphis Employment Agency Archibald & Halmon Law Firm White Leigh Taylo Law Firm Ryder John L Law Firm LAB Digital Creative Marketing & Advertising

Suggested Use

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

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

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

Market

Lease Benchmarks for Memphis, TN

$15.19 /SF/Yr

Avg Asking Price

$4.19–$23 /SF/Yr

Price Range

8,120 SF

Avg Space Size

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - 4,684 RSF office space for rent in Memphis, TN.

Where is this office units located?

The property is located at 40 South Main Street Memphis, TN.

What are key features of this property?

This property features: 4,684 RSF of space; Class A office space; Office space available