Memphis, TN Industrial Properties for Lease
- Southaven, MS
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Memphis, TN Industrial properties Lease Rates & Market Statistics
Browse 174 Industrial properties for lease in Memphis, TN on Realmo, a commercial real estate marketplace serving the Memphis area. The current inventory totals 11,252,508 square feet of properties — an average of ~64,650 SF per listing.
Industrial properties lease rates in Memphis range from $7.50 SF/Yr at the entry level to $13.93 SF/Yr at the top of the market, averaging $11.01 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $11.01 SF/Yr, the local average runs 37% below Tennessee's state average of $17.54 SF/Yr.
Memphis accounts for 91% of the 191 industrial properties currently available across Shelby County, where nearby markets include Cordova and Collierville. By space type, the market includes 78 flex space listings, 40 other industrial properties and 15 distribution centers.