Memphis, TN Strip Malls for Lease

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Southaven, MS Olive Branch, MS Horn Lake, MS Collierville, TN Cordova, TN Hernando, MS West Memphis, AR Byhalia, MS

14 properties

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Updated: Aug 20, 2025

Retail Space on Summer Avenue

4235 Summer Ave, Memphis, TN

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1,370 sqft 0.37 AC lot

High traffic counts: Summer Ave (20,605 AADT), Sam Cooper Blvd (66,872 AADT), and I‑240 (183,276 AADT)
Anchored by Domino's Pizza and Cricket Wireless
Great visibility and access to Summer Avenue
Directly across the street from Kroger, Ross, Hibbett Sports, and more
Proximity to numerous retailers including TJ Maxx, Kroger, ALDI, Chick‑fil‑A, Starbucks, Chipotle, Five Below, Big Lots, Ross, Dollar General, Subway, McDonald’s, Walgreens, AutoZone, O’Reilly Auto Parts, Wendy’s, Papa John’s

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Updated: Feb 18

Strip Center Retail Space

3675 S Mendenhall Rd, Memphis, TN 38115

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Multiple retail spaces available within the strip center
1,200 SF retail space option
Property constructed in 1980
Located at 3675 S Mendenhall Rd, Memphis, TN 38115

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Lamar Avenue Retail Space Available

2926-2938 Lamar Avenue, Memphis, TN 38114

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Neighborhood shopping center with spaces and outparcel for lease.

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Frayser Boulevard Retail Space Available

2200 Frayser Blvd, Memphis, TN 38127

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Retail space for lease in Memphis neighborhood center.

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Retail Center in Memphis, Tennessee

3151 S Mendenhall Rd, Memphis, TN 38115

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Neighborhood retail center at a busy intersection, 100% leased.

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East Memphis Shopping Center Space

540 S. Mendenhall Rd, Memphis, TN 38117

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Retail space in Kroger-anchored East Memphis shopping center.

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Retail Space in Renovated Center

Yorkshire Square, Memphis, TN 38119

$9 SF/Yr

9,765 sqft

Retail property for lease in renovated neighborhood shopping center.

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Retail Space in Covington Springs

3842-3850 Austin Peay Hwy, Memphis, TN

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2,072 sqft 11.81 AC lot

Neighborhood shopping center near Walmart, Kroger, and Methodist North Hospital.

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Retail Space on Riverdale Road

4730 Riverdale Rd, Memphis, TN

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8,800 sqft 1.73 AC lot

Retail spaces available for lease on a high-traffic corner.

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Retail Strip Center

6217 Mt Moriah Rd, Memphis, TN 38115

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Available configurations include food service, salon, and general retail space.

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Retail Space Near FedEx Headquarters

7948 Winchester Hls, Memphis, TN

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2,053 sqft 11.71 AC lot

Grocery-anchored retail center in high-traffic Memphis location.

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Retail Space in High-Traffic Area

3400-3412 Poplar Ave, Memphis, TN

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2,025 sqft 8.45 AC lot

Retail spaces available in a high-traffic Memphis location.

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Retail Spaces in High-Traffic Area

107-113 S Highland St, Memphis, TN

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1,266 sqft 0.75 AC lot

Retail spaces available in high-traffic Memphis location.

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Retail Space in Power Center

8010-8060 Giacosa Pl, Memphis, TN

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1,600 sqft 46.88 AC lot

Retail space in Memphis' major retail corridor with high visibility.

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Based on your search, we've compiled 33 Potential Opportunities for your consideration. Besides 14 Active listings in Memphis, TN, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 15 Properties for Sales.

Strip malls for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Retail Space in Collierville Center

3635 South Houston Levee Road, Collierville, TN 38017

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Retail spaces available in a neighborhood shopping center.

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Collierville Shopping Center For Lease

3660, 3670, 3680 S Houston Levee Road, Collierville, TN 38017

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Fully leased 65,900 SF shopping center in Collierville, Tennessee.

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Retail Space in Cordova Collection

1769 Dexter Springs Loop, Cordova, TN

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1,493 sqft 8.77 AC lot

Retail spaces available in high-traffic Cordova shopping center.

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Retail Space on Germantown Parkway

1250 N Germantown Parkway, Cordova, TN 38016

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6,972 sqft

Retail suites available in high-traffic Cordova shopping complex.

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Similar Spaces for Sale in Memphis, TN

Consider Similar Space for Sale. We found 15 Spaces matching your search parameters.

Four-Tenant NNN Retail Center

2094 Frayser Blvd, Memphis, TN 38127

$524,285

2,950 sqft

A fully occupied, multi-tenant retail property with a net-leased structure and four separate occupants.

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Retail Center with Vacant Space

3615 Summer Avenue, Memphis, TN 38122

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12,000 sqft

Built in 1966, the property includes available retail space within an established commercial center.

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Strip Center Retail Spaces

3257-3265 N Watkins St, Memphis, TN 38127

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8,900 sqft

Strip center with available retail spaces in a multi-tenant configuration.

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Leased Strip Center on Corner Parcel

6249 STAGE Rd, Bartlett, TN 38134

$1,250,000

Fully leased retail property with Stage Road frontage and convenient access to established regional corridors.

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Retail Strip Center

4938 Poplar Ave, Memphis, TN 38117

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6,113 sqft

Established retail property positioned along Poplar Avenue in Memphis.

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Retail Strip Center For Sale

3538-3582 Hickory Hill Road, Memphis, TN 38115

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17,194 sqft 1.40 AC lot

Multi-tenant retail strip center in Memphis, TN. Value-add opportunity.

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Retail Strip Center in Memphis

7505-7547 Highway 64, Memphis, TN 38133

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16,150 sqft

16,150 SF retail strip center in the Wolfchase Trade Area.

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Two-Building Shopping Center

5261-5299 Mendenhall Park Pl, Memphis, TN 38115

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32,620 sqft

Adjacent retail buildings provide a consolidated commercial asset with short-term WALT and near-term leasing flexibility.

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Multi-Suite Shopping Center

5940 Mount Moriah Road, Memphis, TN 38115

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17,800 sqft

Retail center with available suites and month-to-month tenancy.

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Fully Occupied Retail Strip Center

3705 Malco Way, Memphis, TN 38125

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28,458 sqft 3.60 AC lot

Retail strip center with 100% occupancy across nine tenants totaling 28,458 square feet.

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Memphis, TN Strip malls Lease Rates & Market Statistics

Browse 14 Strip malls for lease in Memphis, TN on Realmo, a commercial real estate marketplace serving the Memphis area. The current inventory totals 28,951 square feet of properties — an average of ~2,050 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 59% below Tennessee's state average of $22.15 SF/Yr.

Memphis accounts for 67% of the 21 strip malls currently available across Shelby County, where nearby markets include Cordova and Collierville. Strip malls make up 8% of the 168 Retail properties & Spaces currently for lease in Memphis, with asking rates averaging $9 SF/Yr — 38% below the citywide Retail properties & Spaces average of $14.51 SF/Yr. Tenants comparing options may also consider Shopping centers (70 listings) and Storefront properties (28 listings) elsewhere in the Memphis market.

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