Memphis, TN Strip Malls for Lease
- Southaven, MS
- Olive Branch, MS
- Horn Lake, MS
- Collierville, TN
- Cordova, TN
- Hernando, MS
- West Memphis, AR
- Byhalia, MS
Strip malls for Lease in Nearby Cities
Similar Spaces for Sale in Memphis, TN
Memphis, TN Strip malls Lease Rates & Market Statistics
Browse 13 Strip malls for lease in Memphis, TN on Realmo, a commercial real estate marketplace serving the Memphis area. The current inventory totals 27,581 square feet of properties — an average of ~2,100 SF per listing.
Strip malls 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 60% below Tennessee's state average of $22.46 SF/Yr.
Memphis accounts for 65% of the 20 strip malls currently available across Shelby County, where nearby markets include Cordova and Collierville. Strip malls make up 9% of the 142 Retail properties & Spaces currently for lease in Memphis, with asking rates averaging $9 SF/Yr — 42% below the citywide Retail properties & Spaces average of $15.42 SF/Yr. Tenants comparing options may also consider Shopping centers (58 listings) and Storefront properties (28 listings) elsewhere in the Memphis market.
