Memphis, TN Shopping Centers for Lease
- Southaven, MS
- Olive Branch, MS
- Horn Lake, MS
- Collierville, TN
- Cordova, TN
- Hernando, MS
- West Memphis, AR
- Byhalia, MS
Memphis, TN Shopping centers Lease Rates & Market Statistics
Browse 112 Shopping centers for lease in Memphis, TN on Realmo, a commercial real estate marketplace serving the Memphis area. The current inventory totals 3,042,279 square feet of properties — an average of ~27,150 SF per listing.
Shopping centers lease rates in Memphis 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 $19.83 SF/Yr.
Memphis accounts for 72% of the 155 shopping centers currently available across Shelby County, where nearby markets include Collierville and Cordova. Shopping centers make up 41% of the 276 Retail properties & Spaces currently for lease in Memphis, with asking rates averaging $9 SF/Yr — 38% below the citywide Retail properties & Spaces average of $14.48 SF/Yr. Tenants comparing options may also consider Storefront properties (37 listings) and Other retail properties (15 listings) elsewhere in the Memphis market.
