Germantown, TN Shopping Centers for Lease
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Germantown, TN Shopping centers Lease Rates & Market Statistics
Explore 68 Shopping centers for lease in Germantown, TN on Realmo, a commercial real estate exchange covering the Germantown area. The current inventory totals 1,760,151 square feet of properties — an average of ~25,900 SF per listing.
Shopping centers lease rates in Germantown range from $9 SF/Yr at the entry level to $9 SF/Yr at the top of the market, averaging $9 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $9 SF/Yr, the local average runs 55% below Tennessee's state average of $19.84 SF/Yr.
Germantown accounts for 68% of the 100 shopping centers currently available across Shelby County, where nearby markets include Memphis and Collierville. Shopping centers make up 43% of the 157 Retail properties & Spaces currently for lease in Germantown, with asking rates averaging $9 SF/Yr — 40% below the citywide Retail properties & Spaces average of $14.96 SF/Yr. Tenants comparing options may also consider Storefront properties (29 listings) and Other retail properties (5 listings) elsewhere in the Germantown market.