Memphis, TN Strip Malls for Sale

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Southaven, MS Olive Branch, MS Horn Lake, MS Walls, MS Lake, MS Nesbit, MS Piperton, TN Lake Cormorant, MS

23 properties

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Updated: Aug 5

Leased Strip Center on Corner Parcel

6249 STAGE Rd, Bartlett, TN 38134

$1,250,000

Fully leased +/- 6256 sq.ft. strip center with long‑term tenants
Nearly 1 acre corner parcel
Stage Rd frontage with approximately 28,208 vehicles (AADT) daily
Access to Kirby Whitten Rd, Germantown Pkwy, and I‑40
Built in 1991

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Updated: Jun 1

5-Bay Strip Mall

3173 HWY 61 S THIRD ST. Ave, Memphis, TN 38109

$349,000

Five‑bay strip mall configuration
Built in 1949
Located at 3173 HWY 61 S THIRD ST. Ave, Memphis, TN 38109

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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 Property

3257-3265 N Watkins St, Memphis, TN 38127

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8,900 sqft

Strip center offers a consolidated retail setting for investors or tenants seeking multiple storefront options.

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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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Multi-Tenant Strip Mall

3675 S Mendenhall Rd, Memphis, TN 38115

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10,800 sqft

Five established tenants occupy nine units within this income-producing retail property.

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Retail

3257-3265 N Watkins St, Memphis, TN 38127

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8,900 sqft

Strip malls · 8,900 SF

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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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Seven-Unit Retail Center

3972 Jackson Ave, Memphis, TN 38128

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22,100 sqft

Multi-tenant retail property with updated building systems and strong exposure along Jackson Avenue.

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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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Retail Strip Center For Sale

3538-3582 Hickory Hill Rd, 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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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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Strip Center on Busiest Corridor

4899 Summer Avenue, Memphis, TN 38122

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7,524 sqft 1.20 AC lot

Fully occupied retail strip center with signalized access and rear storage on a 1.2-acre site.

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Two-Building Strip Mall

2235 Kirby Whitten Rd, Memphis, TN 38133

$3,100,000

Built in 1999 with access to I-40 through Whitten Road.

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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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Corner-Lot Shopping Center

6301 Stage Rd, Memphis, TN 38134

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6,300 sqft 0.62 AC lot

Multi-tenant retail property with four occupied suites and prominent corner positioning.

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Retail Strip Center Storefront

8385 Us Highway 64, Memphis, TN 38133

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Ground-floor retail suites are available along Highway 64, supported by strong nearby mall co-tenancy.

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Shadow-Anchored Retail Center

7931 Winchester Rd, Memphis, TN 38125

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Retail center with national-brand shadow anchors and a mix of retail, restaurant, and service tenants.

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Retail Strip Center with Outparcel

6016 Stage Rd, Memphis, TN 38134

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Anchored strip center includes a 2,000 SF vacancy and an adjacent undeveloped outparcel.

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Neighborhood Corner Retail Strip Center

3659 N WATKINS St, Memphis, TN 38127

$250,000

Four-bay strip center on a neighborhood street corner requiring rehab to suit the buyer.

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Medical Office Home with 355' Frontage

2834 Kate Bond, Memphis, TN 38133

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Large home suited for doctor, dentist, or lawyer offices, with 355 feet of frontage on Educator Rd.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 23 Active Listings in Memphis, TN, we suggest to view alternatives - similar 49 Off-Market properties to explore as potential leads.

Off-Market Properties in Memphis, TN

Consider similar Off-Market properties in Memphis, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

SHOPPING CENTER, STRIP CENTER

2288 Germantown Rd, Memphis, TN 38138-5931

Value Estimation by Request

6,480 sqft 0.92 AC lot

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Memphis, TN Strip Malls Market Trends and Statistics

Explore 72 strip malls for sale in Memphis, TN, showcased through 23 active listings on our real estate platform. These investment opportunities span a total of 206,709 square feet of properties for sale, with an estimated market value of $5,473,285.

Sale prices for retail strips in Memphis, TN start at $250,000, averaging $1,094,657, and reaching up to $3,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 718K

Population Growth (5Y) -3.1%

Median Household Income $61,271

College Educated 18.4%

High-Yield Neighborhoods for Investment

Identify Memphis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
38109	$349K
38127	$387.1K
38133	$3.1M

Taxes & Financing

Tax Rate (average for all types) 5.80%

Property Tax per SF $85.96 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Shelby County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Shelby County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Memphis fall within the 100,000+ square foot range.

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Memphis, TN Strip Malls for Sale

6249 STAGE Rd, Bartlett, TN 38134

3173 HWY 61 S THIRD ST. Ave, Memphis, TN 38109

2094 Frayser Blvd, Memphis, TN 38127

3615 Summer Avenue, Memphis, TN 38122

3257-3265 N Watkins St, Memphis, TN 38127

3257-3265 N Watkins St, Memphis, TN 38127

3675 S Mendenhall Rd, Memphis, TN 38115

3257-3265 N Watkins St, Memphis, TN 38127

4938 Poplar Ave, Memphis, TN 38117

3972 Jackson Ave, Memphis, TN 38128

7505-7547 Highway 64, Memphis, TN 38133

3538-3582 Hickory Hill Rd, Memphis, TN 38115

5261-5299 Mendenhall Park Pl, Memphis, TN 38115

5940 Mount Moriah Road, Memphis, TN 38115

4899 Summer Avenue, Memphis, TN 38122

2235 Kirby Whitten Rd, Memphis, TN 38133

3705 Malco Way, Memphis, TN 38125

6301 Stage Rd, Memphis, TN 38134

8385 Us Highway 64, Memphis, TN 38133

7931 Winchester Rd, Memphis, TN 38125

6016 Stage Rd, Memphis, TN 38134

3659 N WATKINS St, Memphis, TN 38127

2834 Kate Bond, Memphis, TN 38133

Off-Market Properties in Memphis, TN

2288 Germantown Rd, Memphis, TN 38138-5931

Memphis, TN Strip Malls Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Residential Income

Property Size Breakdown

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