Memphis, TN Retail Properties & Spaces for Lease
- Southaven, MS
- Olive Branch, MS
- Horn Lake, MS
- Collierville, TN
- Cordova, TN
- Hernando, MS
- West Memphis, AR
- Byhalia, MS
Memphis, TN Retail properties & Spaces Lease Rates & Market Statistics
Browse 154 Retail properties & Spaces for lease in Memphis, TN on Realmo, a commercial real estate marketplace serving the Memphis area. The current inventory totals 2,504,366 square feet of properties — an average of ~16,250 SF per listing.
Retail properties & Spaces lease rates in Memphis range from $9 SF/Yr at the entry level to $24 SF/Yr at the top of the market, averaging $15.71 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 $15.71 SF/Yr, the local average runs 30% below Tennessee's state average of $22.58 SF/Yr.
Memphis accounts for 76% of the 202 retail properties & spaces currently available across Shelby County, where nearby markets include Collierville and Cordova. By space type, the market includes 67 shopping centers, 29 storefront properties and 5 other retail properties — shopping centers typically offer the lowest entry point, while storefront properties command the highest rates.
