Office Building with Mississippi River
For Lease
Contact for pricing
40 S Main St, Memphis, TN 38103
Downtown office tower with sweeping Mississippi River and city views plus extensive capital improvements since 2010.
Property Size146 SF
Days on Market1261
Property Features for 40 S Main St
General Information
Standard status
Active
Size
146 SF
Property subtype
OFFICE
Listing Agency:
CBRE | Memphis
(901) 335-2266
Listed By:
Ronald "Ron" Kastner
(901) 335-2266
Source:
Moodyscre
Added: Feb 17, 2023
Changed: Jul 31
Last Checked: Jul 31 at 6:23AM
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 has undergone significant capital improvements since 2010, including modernization of the elevators, new roofs on the office tower and annex, chiller replacements, and LED lighting in the garage. Additional upgrades include improvements to the building lobby and common areas.
Located at 40 S Main St, tenants can access major entertainment and sporting venues with ease, including AutoZone Park, the Orpheum Theatre, FedEx Forum, and the Beale Street Entertainment District.
For organizations seeking a highly visible downtown office presence with consistently refreshed building systems and common areas, One Commerce Square provides a mature, amenity-focused office environment.
Located at 40 S Main St, tenants can access major entertainment and sporting venues with ease, including AutoZone Park, the Orpheum Theatre, FedEx Forum, and the Beale Street Entertainment District.
For organizations seeking a highly visible downtown office presence with consistently refreshed building systems and common areas, One Commerce Square provides a mature, amenity-focused office environment.
Key Highlights
- Sweeping views of the Mississippi River and downtown Memphis
- Capital improvements since 2010 including elevator modernization
- New roofs on the office tower and annex
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Downtown office tower with sweeping Mississippi River and city views plus extensive capital improvements since 2010.
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: Sweeping views of the Mississippi River and downtown Memphis; Capital improvements since 2010 including elevator modernization; New roofs on the office tower and annex