Germantown, TN Industrial Properties for Lease
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Germantown, TN Industrial properties Lease Rates & Market Statistics
Explore 146 Industrial properties for lease in Germantown, TN on Realmo, a commercial real estate exchange covering the Germantown area. The current inventory totals 9,784,506 square feet of properties — an average of ~67,000 SF per listing.
Industrial properties 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 19% below Tennessee's state average of $15.72 SF/Yr.
Germantown accounts for 93% of the 157 industrial properties currently available across Shelby County, where nearby markets include Memphis and Collierville. By space type, the market includes 63 flex space listings, 32 other industrial properties and 13 distribution centers.