Memphis, TN Flex Space for Lease
- Southaven, MS
- Olive Branch, MS
- Horn Lake, MS
- Collierville, TN
- Cordova, TN
- Hernando, MS
- West Memphis, AR
- Byhalia, MS
Memphis, TN Flex space Lease Rates & Market Statistics
Browse 64 Flex space listings for lease in Memphis, TN on Realmo, a commercial real estate marketplace serving the Memphis area. The current inventory totals 1,152,845 square feet of properties — an average of ~18,000 SF per listing.
Flex space lease rates in Memphis range from $7.50 SF/Yr at the entry level to $21 SF/Yr at the top of the market, averaging $12.17 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 $12.17 SF/Yr, the local average runs 28% below Tennessee's state average of $16.93 SF/Yr.
Memphis accounts for 90% of the 71 flex space listings currently available across Shelby County, where nearby markets include Cordova and Bartlett. Flex space listings make up 45% of the 143 Industrial properties currently for lease in Memphis, 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 (11 listings) elsewhere in the Memphis market.
