Memphis, TN Industrial Properties for Lease
- Southaven, MS
- Olive Branch, MS
- Horn Lake, MS
- Collierville, TN
- Cordova, TN
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- West Memphis, AR
- Byhalia, MS
Memphis, TN Industrial properties Lease Rates & Market Statistics
Browse 146 Industrial properties for lease in Memphis, TN on Realmo, a commercial real estate marketplace serving the Memphis area. The current inventory totals 9,800,717 square feet of properties — an average of ~67,150 SF per listing.
Industrial properties 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 19% below Tennessee's state average of $15.05 SF/Yr.
Memphis accounts for 93% of the 157 industrial properties currently available across Shelby County, where nearby markets include Collierville and Cordova. By space type, the market includes 64 flex space listings, 32 other industrial properties and 12 distribution centers.
