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Mixed-Use Office and Retail Space
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119 S Main St, Memphis, TN 38103

Full-service office and retail spaces available in the Peabody Place Historic District.

Space Size848 SF
Days on Market646

Property Features for 119 S Main St

General Information

Standard status Active
Size 848 SF
Property subtype OFFICE
Lease Type Full Service

Amenities

high-speed broadband

Spaces For Lease

at 119 S Main St Contact us

Pembroke Square

Floor
6
Size
848 SF
Type
OFFICE
Rate
Contact for pricing
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
- Full service office leases and retail spaces available - Part of Peabody Place...
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Listing Agency: Belz Enterprises
Listed By: Morris Thomas
Source: Moodyscre
Added: Dec 6, 2024 Changed: Aug 14 Last Checked: Sep 13 at 11:56AM

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 Belz Enterprises

Investment Insights

Based on property information with market context.

Full-service office leases and retail spaces are available as part of the Peabody Place Historic District. High-speed broadband is available from Memphis Networx.

The property is located one block from the Peabody Place Entertainment and Retail Center, supporting walkable access to nearby dining and retail amenities.

Suitable for tenants seeking a flexible office or retail setup within a historic mixed-use setting, with communications access already available via local broadband service.

Key Highlights

  • Full‑service office leases and retail spaces available
  • Located in the Peabody Place Historic District
  • High‑speed broadband available from Memphis Networx

Property Analytics

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Open 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 Butcher

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Memphis, TN

$15.4 /SF/Yr
Avg Asking Price
$4.03–$35 /SF/Yr
Price Range
11,364 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
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Frequently Asked Questions

What type of property is this?
Office units - Full-service office and retail spaces available in the Peabody Place Historic District.
Where is this office units located?
The property is located at 119 S Main St Memphis, TN.
What are key features of this property?
This property features: Full‑service office leases and retail spaces available; Located in the Peabody Place Historic District; High‑speed broadband available from Memphis Networx
(901) 260-7234 Call to check price and availability
More about this property
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