Germantown, TN Flex Space for Lease
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Germantown, TN Flex space Lease Rates & Market Statistics
Explore 66 Flex space listings for lease in Germantown, TN on Realmo, a commercial real estate exchange covering the Germantown area. The current inventory totals 1,254,124 square feet of properties — an average of ~19,000 SF per listing.
Flex space lease rates in Germantown range from $7.50 SF/Yr at the entry level to $21 SF/Yr at the top of the market, averaging $12.15 SF/Yr. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $12.15 SF/Yr, the local average runs 27% below Tennessee's state average of $16.67 SF/Yr.
Germantown accounts for 90% of the 73 flex space listings currently available across Shelby County, where nearby markets include Memphis and Cordova. Flex space listings make up 45% of the 146 Industrial properties currently for lease in Germantown, with asking rates in line with the citywide Industrial properties average. Tenants comparing options may also consider Other industrial properties (31 listings) and Distribution centers (12 listings) elsewhere in the Germantown market.
