Strip Mall

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
11 properties
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5-Bay Strip Mall
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
Updated: Aug 19
Four-Tenant NNN Retail Center

2094 Frayser Blvd, Memphis, TN 38127

$524,285
2,950 sqft
2,950 SF retail strip center
100% occupied with 4 tenants
NNN lease structure
Located at Frayser Blvd and Overton Crossing
Built in 1954
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Retail Center with Vacant Space
Retail Center with Vacant Space

3615 Summer Avenue, Memphis, TN 38122

Contact for pricing
12,000 sqft

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

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See hot listings in Memphis

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Strip Center Retail Spaces
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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Retail Strip Center
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 in Memphis
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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Multi-Suite Shopping Center
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
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
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
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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Retail
Retail

3257-3265 N Watkins St, Memphis, TN 38127

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Strip malls

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Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 11 Active listings in Memphis, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Village Shops Retail Center
Village Shops Retail Center

7501 Goodman Rd, Olive Branch, MS 38654

$6,644,580
30,254 sqft

Fully occupied neighborhood center with a mix of national and service-oriented retail tenants.

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Neighborhood Shopping Center
Neighborhood Shopping Center

8095 Macon Rd, Cordova, TN 38018

Contact for pricing
15,050 sqft

Existing vacant space offers room for additional tenants within this retail property.

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Corner Strip Mall with Open Suite
Corner Strip Mall with Open Suite

1150 Dexter Ln, Cordova, TN 38016

Contact for pricing

The available storefront includes an entry area, two rooms, a break area restroom, and on-site parking.

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New Retail Strip Center
New Retail Strip Center

9150 Hacks Cross, Olive Branch, MS 38654

Contact for pricing

New retail strip center in high-traffic industrial area.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Mixed-Use Zoned Development Land
Mixed-Use Zoned Development Land

8055 HWY 64, Oakland, TN 38060

$999,000
15.92 AC lot

Two zoning designations offer flexible development options with frontage positioned for high traffic exposure.

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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.

2288 Germantown Rd
SHOPPING CENTER, STRIP CENTER

2288 Germantown Rd, Memphis, TN 38138-5931

Estimated value: by Request
6,480 sqft 0.92 AC lot
View details
2833 Lamar Ave
SHOPPING CENTER, STRIP CENTER

2833 Lamar Ave, Memphis, TN 38114-5016

Estimated value:
$260,000
13,924 sqft 1.19 AC lot
View details
511 Frnt St
SHOPPING CENTER, STRIP CENTER

511 Frnt St, Memphis, TN 38103-4446

Estimated value:
$205,000
5,130 sqft 0.19 AC lot
View details
298 Decatur St
SHOPPING CENTER, STRIP CENTER

298 Decatur St, Memphis, TN 38105-3217

Estimated value:
$120,000
3,782 sqft 0.28 AC lot
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1287 Getwell Rd
SHOPPING CENTER, STRIP CENTER

1287 Getwell Rd, Memphis, TN 38111-7221

Estimated value:
$240,000
12,035 sqft 0.78 AC lot
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4730 Riverdale Rd
SHOPPING CENTER, STRIP CENTER

4730 Riverdale Rd, Memphis, TN 38141-8583

Estimated value:
$6,450,000
20,320 sqft 1.77 AC lot
View details
3003 3rd St
SHOPPING CENTER, STRIP CENTER

3003 3rd St, Memphis, TN 38109-2953

Estimated value:
$125,000
3,224 sqft 0.14 AC lot
View details
3003 3rd St
SHOPPING CENTER, STRIP CENTER

3003 3rd St, Memphis, TN 38109-2953

Estimated value:
$190,000
2,096 sqft 0.14 AC lot
View details
3393 Summer Ave
SHOPPING CENTER, STRIP CENTER

3393 Summer Ave, Memphis, TN 38122

Estimated value:
$1,125,000
41,661 sqft 2.00 AC lot
View details
3025 Kirby Whitten Rd
SHOPPING CENTER, STRIP CENTER

3025 Kirby Whitten Rd, Bartlett, TN 38134-2868

Estimated value:
$230,000
6,520 sqft 0.92 AC lot
View details
1495 Un Ave
SHOPPING CENTER, STRIP CENTER

1495 Un Ave, Memphis, TN 38104-3726

Estimated value:
$720,000
43,392 sqft 1.03 AC lot
View details
3546 Ridgemont Rd
SHOPPING CENTER, STRIP CENTER

3546 Ridgemont Rd, Memphis, TN 38128-1889

Estimated value:
$210,000
4,850 sqft 4.59 AC lot
View details
3209 Mendenhall Rd
SHOPPING CENTER, STRIP CENTER

3209 Mendenhall Rd, Memphis, TN 38115-2938

Estimated value:
$235,000
7,000 sqft 0.34 AC lot
View details

Memphis, TN Strip Malls Market Trends and Statistics

Explore 72 strip malls for sale in Memphis, TN, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 98,671 square feet of properties for sale, with an estimated market value of $873,285.

Sale prices for retail strips in Memphis, TN start at $349,000, averaging $436,642, and reaching up to $524,285 — 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

Shopping centers 102
Storefront properties 67
Automotive properties 19
Auto shops 15
Showrooms 12

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 $524.3K

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)

Property Size Breakdown

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

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