Shopping Center

Memphis, TN Shopping Centers for Sale

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Six-Bay Mixed-Use Property
Updated: Oct 19
Six-Bay Mixed-Use Property

3393 SUMMER Ave, Memphis, TN 38122

$1,900,000
Six retail bays across a 2‑acre parcel
Includes restaurant, office, reception center, church, studio and lounge spaces
Building dates to 1925
At 3393 Summer Ave in Memphis, identified at the Summer and Highland intersection
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Shopping Center with Loading Access
Updated: Oct 1
Shopping Center with Loading Access

3180 BARRON Ave, Memphis, TN 38111

$1,175,000
One storefront is leased to a grocer
Rear‑door loading access
Additional retail spaces need touch‑up work
Vacant side lot has room for another building
Less than 2 miles from the University of Memphis
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Fully Leased Retail Center
Fully Leased Retail Center

2197 Central Avenue, Memphis, TN 38104

Midtown Memphis Development Corp.
Contact for pricing
4,527 sqft
100% occupied

All retail space is occupied in Memphis’s Midtown submarket.

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See hot listings in Memphis

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Multi-Unit Shopping Center
Multi-Unit Shopping Center

3538 Hickory Hill Road, Memphis, TN 38115

The Power Center Cdc
Contact for pricing
Multi-tenant  17,194 sqft

Eleven vacant units offer space for new occupancy within the retail center.

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Retail Center with Vacant Space
Retail Center with Vacant Space

3615 Summer Avenue, Memphis, TN 38122

High Point Terrace
Contact for pricing
Multi-tenant  12,000 sqft  Built 1966
50% occupied

Built in 1966, the property includes available retail space within an established commercial center.

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Big-Box Shopping Center Space
Big-Box Shopping Center Space

4744 Spottswood Ave, Memphis, TN 38117

Quince
Contact for pricing
43,090 sqft  Built 1981
Target, ATC Fitness co-tenants

Large-format retail space with on-site parking and established neighboring businesses.

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Renovation Retail Center Opportunity
Renovation Retail Center Opportunity

8355 US-64, Memphis, TN 38133

Oak Grove
Contact for pricing
9,928 sqft
Highway access + Road access

A 9,928 SF retail center offered for renovation, with potential for drive-through or single-tenant use.

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Retail Space in Cordova Collection
Retail Space in Cordova Collection

1771 North Germantown Parkway, Memphis, TN 38016

Appling
Contact for pricing
7,280 sqft

Retail spaces available in high-traffic Cordova Corridor shopping center.

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East Memphis Retail Space Available
East Memphis Retail Space Available

5121 Quince Road, Memphis, TN 38117

Colonial
Contact for pricing
5,868 sqft

Retail spaces available in East Memphis neighborhood shopping center.

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Premium Retail Center For Sale
Premium Retail Center For Sale

465 North Germantown Parkway, Memphis, TN 38018

Cordova
Contact for pricing
22,000 sqft  Built 2003

22,000 SF retail center in a bustling Cordova location.

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Wolfchase Area Premier Power Center
Wolfchase Area Premier Power Center

7930 Germantown Parkway, Memphis, TN 38133

Oak Grove
Contact for pricing
668,089 sqft

668,089 SF retail center in the Wolfchase trade area.

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28,860 SF Retail Center
28,860 SF Retail Center

7444-7464 Winchester Road, Memphis, TN 38125

Transformations Economic and Comm. Development
Contact for pricing
28,860 sqft

Retail center with excellent visibility and proximity to major retailers.

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Retail Space in Memphis Center
Retail Space in Memphis Center

1979 S Third St, Memphis, TN 38109

Mallory Heights Cdc
Contact for pricing
22,000 sqft

Retail spaces available in a 212,000 SF shopping center.

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Bartlett Retail Center on Stage
Bartlett Retail Center on Stage

7124 - 7174 Stage Road, Bartlett, TN 38133

Contact for pricing
48,200 sqft

48,200 SF neighborhood center with multiple suites available.

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380,505 SF Retail Center
380,505 SF Retail Center

5230 Summer Ave, Memphis, TN 38122

Berclair
Contact for pricing
380,505 sqft  Built 1972

Retail center with strong co-tenancy and highway visibility.

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104,690 SF Shopping Center
104,690 SF Shopping Center

3883-3951 Park Avenue, Memphis, TN 38111

University Neighborhoods Development Corp.
Contact for pricing
104,690 sqft

Shopping center for sale at Park Ave and Getwell Rd.

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Retail Space in Centennial Crossing
Retail Space in Centennial Crossing

7915-7951 Winchester Rd, Memphis, TN

Transformations Economic and Comm. Development
Contact for pricing
49,548 sqft  12.21 acres

Retail property for sale in a high-income area.

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Corner-Lot Shopping Center
Corner-Lot Shopping Center

6301 Stage Rd, Memphis, TN 38134

Appling
Contact for pricing
Multi-tenant  6,300 sqft  Built 1974  0.62 acres
100% occupied  Corner location

Multi-tenant retail property with four occupied suites and prominent corner positioning.

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Retail Space in Centennial Crossing
Retail Space in Centennial Crossing

7915-7951 Winchester Rd, Memphis, TN 38125

Transformations Economic and Comm. Development
Contact for pricing
49,548 sqft
92,182 VPD  Highway access

Retail space within Centennial Crossing, anchored by national tenants including Costco, Lowe's, PetSmart, Walgreens, and Starbucks.

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Neighborhood Shopping Center
Neighborhood Shopping Center

6073 Mount Moriah Road, Memphis, TN 38115

The Power Center Cdc
Contact for pricing
Multi-tenant
Highway access + Road access

Available spaces accommodate retail, restaurant, medical, office, and service uses near residential areas.

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East Memphis Retail Redevelopment Opportunity
East Memphis Retail Redevelopment Opportunity

669-730 S Mendenhall Rd, Memphis, TN 38117

Colonial
Contact for pricing

Retail spaces available in East Memphis redevelopment with high visibility.

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Covington Springs Retail Suites Available
Covington Springs Retail Suites Available

3830-3854 Austin Peay Hwy, Memphis, TN 38128

Raleigh Cdc
Contact for pricing
Built 1994

Retail suites for sale in neighborhood shopping center.

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Neighborhood Shopping Center For Sale
Neighborhood Shopping Center For Sale

2940 Covington Pike, Memphis, TN 38128

Raleigh Cdc
Contact for pricing

Neighborhood shopping center with strong co-tenancy and drive-thru opportunity.

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Retail Opportunity in Memphis Center
Retail Opportunity in Memphis Center

4657 Knight Arnold Road, Memphis, TN 38118

Transformations Economic and Comm. Development
Contact for pricing

Retail space in AutoZone and Planet Fitness anchored shopping center.

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Memphis, TN Shopping Centers Market Trends and Statistics

Explore 72 shopping centers for sale in Memphis, TN, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 1,479,627 square feet of properties for sale, with an estimated market value of $3,075,000.

Sale prices for plazas in Memphis, TN start at $1,175,000, averaging $1,537,500, and reaching up to $1,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 89
Storefront properties 62
Automotive properties 21
Auto shops 12
Showrooms 10

Demographics Overview

Population 718K
Population Growth (5Y) -3.1%
Median Household Income $61,271
College Educated 18.4%

High-Yield Neighborhoods for Investment

Identify Memphis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
38111 $1.2M
38122 $1.9M

Taxes & Financing

Tax Rate (average for all types) 5.80%
Property Tax per SF $85.96 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Shelby County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Memphis fall within the 100,000+ square foot range.

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