One Commerce Square

40 South Main Street, Memphis, TN 38103

Property Information

  • For Lease $18.00 - $24.00/SF/YR
  • Property Type Office - General Office
  • Property Size 391,440 SF
  • Lot Size 0.59 Acre
  • Parking Spaces Avail. 516
  • Parking Ratio 1.32 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Certified Gold
  • Building Class A
  • Year Built 1972
  • Date Updated May 14, 2026

Description

One Commerce Square is a 391,440-square-foot office building set on a 0.59-acre lot in Downtown Memphis. Featuring a LEED Gold certification and offering a parking capacity of 516 spaces with a 1.32 parking ratio, the property provides practical accommodations for tenants seeking sustainable office solutions in the city. Its design aligns with Class B building standards, providing functional workspaces in a central location.

Located in the heart of Downtown Memphis, the property is surrounded by convenient transit options, including Union Station approximately 0.1 miles away and Madison Station at a similar distance. Dining options abound with nearby restaurants like Huey’s and Charles Vergos’ Rendezvous, both less than 0.1 miles away. Hospitality is equally accessible, with Residence Inn Memphis Downtown situated just 0.03 miles from the building. Parking facilities, such as One Commerce Square Garage and First Place Parking, are within a short walk, ensuring ease of access for tenants and visitors alike.

16 Spaces Available

#1150

Space Type

General Office

Lease Rate

$19.50 - $24.00/SF/YR

Total Space

6,539 SF

Divisible Space

6,539 - 6,539 SF

Available Date

Immediate

Lease Type

Full Service

Renewal Option

Yes

Sublease

No

#140

Space Type

General Office

Lease Rate

$19.50 - $24.00/SF/YR

Total Space

2,482 SF

Divisible Space

2,482 - 2,482 SF

Available Date

Immediate

Lease Type

Full Service

Renewal Option

Yes

Sublease

No

#1400

Space Type

General Office

Lease Rate

$19.50 - $24.00/SF/YR

Total Space

14,363 SF

Divisible Space

14,363 - 14,363 SF

Available Date

Immediate

Lease Type

Full Service

Renewal Option

Yes

Sublease

No

#1560

Space Type

General Office

Lease Rate

$19.50 - $24.00/SF/YR

Total Space

1,015 SF

Divisible Space

1,015 - 1,015 SF

Available Date

Immediate

Lease Type

Full Service

Renewal Option

Yes

Sublease

No

#1700

Space Type

General Office

Lease Rate

$19.50 - $24.00/SF/YR

Total Space

4,472 SF

Divisible Space

4,472 - 4,472 SF

Available Date

Immediate

Lease Type

Full Service

Renewal Option

Yes

Sublease

No

Contacts

Ronald G. Kastner

CBRE

Donald Drinkard Jr.

CBRE

Location

Located at 40 South Main Street, Memphis, TN 38103, this property is part of the Downtown Memphis neighborhood and Memphis market.

Contact One Commerce Square
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