Office Building with River & Downtown
For Lease
Contact for pricing
40 S Main St, Memphis, TN 38103
A visible downtown office tower offering sweeping Mississippi River and downtown Memphis views for tenants and visitors.
Property Size14,363 SF
Days on Market1261
Property Features for 40 S Main St
General Information
Standard status
Active
Size
14,363 SF
Property subtype
OFFICE
Amenities
modernized elevators
new roofs on office tower and annex
chiller replacements
LED lighting in garage
upgraded building lobby and common areas
sweeping views of Mississippi River
access to AutoZone Park
access to Orpheum Theatre
access to FedEx Forum
access to Beale Street Entertainment District
Listing Agency:
CBRE | Memphis
(901) 335-2266
Listed By:
Ronald "Ron" Kastner
(901) 335-2266
Source:
Moodyscre
Added: Feb 17, 2023
Changed: Jul 30
Last Checked: Jul 31 at 12:45PM
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
Investment Insights
Based on property information with market context.
One Commerce Square is an office building offering sweeping views of the Mississippi River and downtown Memphis. The property is the most visible structure on the Downtown Memphis skyline, creating a strong identity for office tenants.
Since 2010, One Commerce Square has invested in capital improvements including modernization of the elevators, new roofs on the office tower and annex, chiller replacements, LED lighting in the garage, and upgrades to the building lobby and common areas. The building also provides easy access for tenants to major entertainment and sporting venues including AutoZone Park, the Orpheum Theatre, FedEx Forum, and the Beale Street Entertainment District.
With 14,363 square feet, One Commerce Square is positioned as a landmark office option in the heart of downtown Memphis.
Since 2010, One Commerce Square has invested in capital improvements including modernization of the elevators, new roofs on the office tower and annex, chiller replacements, LED lighting in the garage, and upgrades to the building lobby and common areas. The building also provides easy access for tenants to major entertainment and sporting venues including AutoZone Park, the Orpheum Theatre, FedEx Forum, and the Beale Street Entertainment District.
With 14,363 square feet, One Commerce Square is positioned as a landmark office option in the heart of downtown Memphis.
Key Highlights
- Most visible structure on the Downtown Memphis skyline
- Sweeping views of the Mississippi River and downtown Memphis
- Capital improvements since 2010: elevator modernization and new roofs
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,426
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
$17.95 /SF/Yr
Avg Asking Price
$0.7–$26 /SF/Yr
Price Range
30,262 SF
Avg Space Size
Vacancy Rate% for Office in Memphis, TN
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Frequently Asked Questions
What type of property is this?
Office building - A visible downtown office tower offering sweeping Mississippi River and downtown Memphis views for tenants and visitors.
Where is this office building located?
The property is located at 40 S Main St Memphis, TN.
What are key features of this property?
This property features: Most visible structure on the Downtown Memphis skyline; Sweeping views of the Mississippi River and downtown Memphis; Capital improvements since 2010: elevator modernization and new roofs