One Commerce Square

40 South Main Street, Memphis, TN 38103

  • For Lease Contact for pricing
  • 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 B
  • Year Built 1972
  • Date Updated Mar 20, 2025

One Commerce Square is a 391,440-square-foot Class 3 office building situated on a 0.59-acre lot in the heart of Downtown Memphis. With a LEED Gold certification and 516 parking spaces offering a parking ratio of 1.32, the property combines sustainability with convenience. Its central location makes it an ideal workspace for businesses seeking accessibility and proximity to local amenities.

Downtown Memphis offers a vibrant mix of dining, transportation, and hospitality options within close reach of One Commerce Square. The Residence Inn Memphis Downtown is just steps away at approximately 0.03 miles, while The Peabody Memphis and several other hotels are under 0.2 miles away. Restaurants like Huey?s, Charles Vergos? Rendezvous, and Blue Plate Cafe are all within a short walk, as are multiple public transit stops such as Union and Madison, both under 0.1 miles away. Nearby parking options include the One Commerce Square Garage, just 0.04 miles from the building, adding to the convenience for tenants and visitors alike.

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Location

Getting Around

  • Walk Score ®

    96/100 Walker's Paradise
  • Transit Score ®

    51/100 Good Transit
  • Bike Score ®

    88/100 Very Bikeable
Powered by Walk Score ®
  • City Memphis, TN
  • Neighborhood Downtown Memphis
  • Zip Code 38103
  • Market Memphis

Points of Interest

  • Union

    0.07 miles

  • Madison

    0.08 miles

  • South Court

    0.14 miles

  • Peabody Place

    0.17 miles

  • Union Avenue

    0.19 miles

  • North Court

    0.19 miles

  • Third Street

    0.23 miles

  • Jefferson

    0.25 miles

  • Beale Street

    0.26 miles

  • Jefferson Avenue

    0.26 miles

  • Valero

    1.05 miles

  • Exxon

    1.30 miles

  • Mobil

    1.35 miles

  • BP

    2.09 miles

  • Citgo

    2.19 miles

  • Kroger

    2.24 miles

  • ChargePoint

    9.21 miles

  • One Commerce Square Garage

    0.04 miles

  • First Place Parking

    0.07 miles

  • Parking Can Be Fun

    0.09 miles

  • First Tennessee Bank Parking Garage

    0.11 miles

  • 60 Madison Ave

    0.14 miles

  • Riverside Parking Garage

    0.14 miles

  • Toyota Center Parking Garage

    0.16 miles

  • Hilton Garden Inn Lot

    0.22 miles

  • AutoZone Store Support Center Parking Garage

    0.23 miles

  • Peabody Place Parking Garage

    0.23 miles

  • Residence Inn Memphis Downtown

    0.03 miles

  • Holiday Inn Memphis-Downtown

    0.08 miles

  • The Hu Hotel

    0.10 miles

  • Canopy by Hilton Memphis Downtown

    0.11 miles

  • The Peabody Memphis

    0.11 miles

  • Exchange Building

    0.12 miles

  • SpringHill Suites

    0.15 miles

  • Hotel Napolean

    0.15 miles

  • DoubleTree by Hilton Memphis Downtown

    0.16 miles

  • Hilton Garden Inn Memphis Downtown

    0.19 miles

  • Huey’s

    0.07 miles

  • Charles Vergos' Rendevous

    0.08 miles

  • Peabody Corner Bar

    0.08 miles

  • Blue Plate Cafe

    0.12 miles

  • Front Street Deli

    0.13 miles

  • Capriccio Grill

    0.13 miles

  • Chez Philippe

    0.13 miles

  • downtown Chinese bistro

    0.14 miles

  • Texas De Brazil

    0.14 miles

  • big ono bake shop

    0.17 miles

  • University of Memphis Law School

    0.16 miles

  • Downtown Elementary School

    0.34 miles

  • Saint Patrick Learning Center

    0.53 miles

  • Saint Marys School

    0.62 miles

  • Memphis Skill Center

    0.73 miles

  • The University of Tennessee Health Science Center

    0.93 miles

  • The Tennessee College of Applied Technology

    0.94 miles

  • Southwest Tennessee Community College - Union Ave Campus

    1.05 miles

  • Porter School

    1.09 miles

  • University of Tennessee College of Social Work

    1.17 miles

  • Vollintine Baptist Day Care Center

    2.35 miles

  • Saint Jude Day Care Center

    2.41 miles

  • Harris Memorial Day Care and Learning Center

    2.80 miles

  • Union Avenue Baptist Church Child Enrichment Center

    3.70 miles

  • Miriam Child Development Center

    5.17 miles

  • Barbara K Lipman Early Childhood School and Research Institute

    6.73 miles

  • Mount Pisgah Baptist Church Day Care Center

    6.98 miles

  • La Petite Academy

    8.75 miles

  • Middle Baptist Church Daycare Center

    8.86 miles

  • Fireside Temple Church of God in Christ Day Care Center

    9.56 miles

Frequently Asked Questions

What type of office space is available to lease at One Commerce Square?

In total, there is 50,186 square feet of office space for lease here. Availability at this location includes 13 Office spaces. The property offers Multi-Tenant commercial space. Of the availability currently listed in the building, available spaces include 1 sublease option.

Is One Commerce Square suitable for a small business?

Yes, availabilities here may be suitable for small businesses with 10 office spaces under 5,000 square feet available. Space sizes here start at 146 square feet.

Does One Commerce Square have enough space for a large business?

Yes, availabilities here could accommodate larger businesses with 1 office space larger than 10,000 square feet available for lease. The largest office size is 14,363 SF. For a better understanding of how this space could work for you, reach out to schedule a tour.

Does One Commerce Square have parking?
Yes, the property offers 516 parking spaces with a parking ratio of 1.32 / 1,000 SF.
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