One Commerce Square Sublease — Lease in Memphis, TN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Memphis, TN 38103

Photos

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One Commerce Square Sublease — Lease in Memphis, TN, photo 2 of 4
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One Commerce Square Sublease — Lease in Memphis, TN, photo 4 of 4

Description

Downtown Sublease Opportunity 4,684 RSF Class A Office Space Available

Market Context

This office in Memphis, TN is listed for lease. Compare it against other office listings for lease in Memphis, TN — view the full market.

As of Q2 2026, the Memphis office market showed an 18.0% vacancy rate, and average asking rents near $20.47/SF/yr. Source: Cushman & Wakefield Q2 2026 market report.

Above-average vacancy gives tenants leverage and a wide set of comparables.

Office market FAQ

Is the Memphis office market tightening or softening?
Vacancy is around 18.0% (Q2 2026).

Estimated Market Rate

$1.54/SF/mo – $2.00/SF/mo

Mid: $1.70/SF/mo

Contact

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