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 276 Retail properties & Spaces for lease in Memphis, TN on Realmo, a commercial real estate marketplace serving the Memphis area. The current inventory totals 4,050,707 square feet of properties — an average of ~14,700 SF per listing.
Retail properties & Spaces lease rates in Memphis range from $8.33 SF/Yr at the entry level to $20.80 SF/Yr at the top of the market, averaging $14.48 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $14.48 SF/Yr, the local average runs 21% below Tennessee's state average of $18.37 SF/Yr.
Memphis accounts for 81% of the 341 retail properties & spaces currently available across Shelby County, where nearby markets include Collierville and Cordova. By space type, the market includes 112 shopping centers, 37 storefront properties and 15 other retail properties — shopping centers typically offer the lowest entry point, while storefront properties command the highest rates.