Germantown, TN Flex Space for Lease
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Germantown, TN Flex space Lease Rates & Market Statistics
Explore 63 Flex space listings for lease in Germantown, TN on Realmo, a commercial real estate exchange covering the Germantown area. The current inventory totals 1,136,634 square feet of properties — an average of ~18,050 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 $12.70 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 $12.70 SF/Yr, the local average runs 26% below Tennessee's state average of $17.21 SF/Yr.
Germantown accounts for 89% of the 71 flex space listings currently available across Shelby County, where nearby markets include Memphis and Collierville. Flex space listings make up 43% 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 (32 listings) and Distribution centers (13 listings) elsewhere in the Germantown market.