Memphis, TN Warehouses for Lease
- Southaven, MS
- Olive Branch, MS
- Horn Lake, MS
- Collierville, TN
- Cordova, TN
- Hernando, MS
- West Memphis, AR
- Byhalia, MS
Memphis, TN Warehouses Lease Rates & Market Statistics
Browse 133 Warehouses for lease in Memphis, TN on Realmo, a commercial real estate marketplace serving the Memphis area. The current inventory totals 9,339,762 square feet of properties — an average of ~70,200 SF per listing.
Warehouses lease rates in Memphis range from $7.50 SF/Yr at the entry level to $21 SF/Yr at the top of the market, averaging $12.43 SF/Yr. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $12.43 SF/Yr, the local average runs 24% below Tennessee's state average of $16.31 SF/Yr.
Memphis accounts for 96% of the 138 warehouses currently available across Shelby County, where nearby markets include Collierville and Cordova.