Memphis, TN Commercial Real Estate for Lease and Sale

Explore 544 listings of Memphis commercial real estate to find the best space for your business.

203 E Trigg Ave

203 E Trigg Ave, Southgate, Memphis, TN
Property

Industrial

30,658 SF
Availability

1 Space

30,500 SF
Year Built

1947
For Lease Contact for pricing
View Details (opens in new window)
4400-4500 Quality Drive

4500 Quality Drive, Parkway Village, Memphis, TN
Property

Industrial

497,680 SF
Availability

1 Space

160,000 SF
Year Built

1993
For Lease Contact for pricing
View Details (opens in new window)
3400 Chelsea Avenue

3400 Chelsea Avenue, Douglass, Memphis, TN
Property

Industrial

121,600 SF
Availability

1 Space

51,500 SF
Year Built

1955
For Lease

$2.60/SF/YR
View Details (opens in new window)
Freestanding Retail

2360 Airways Blvd, Bethel Grove, Memphis, TN
Property

Retail

9,180 SF
For Sale Contact for pricing
View Details (opens in new window)
What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Industrial Land
00 R LOWRY RD

00 R LOWRY RD, Hickory Hill, Memphis, TN
Property

VacantLand

582 Acre
Availability

1 Space

582 Acre
For Lease Contact for pricing
View Details (opens in new window)
Memphis Cycle Shop

421 Monroe Boulevard, Downtown Memphis, Memphis, TN
Property

Retail

29,112 SF
Availability

5 Spaces

25,786 SF
For Lease Contact for pricing
View Details (opens in new window)
3280 Elvis Presley Blvd

3280 Elvis Presley Blvd, Whitehaven, Memphis, TN
Property

VacantLand

6 Acre
For Sale Contact for pricing
View Details (opens in new window)
802 Rozelle Street

802 Rozelle Street, Med District, Memphis, TN
Property

Industrial

43,000 SF
Year Built

1938
For Sale Contact for pricing
View Details (opens in new window)
Chickasaw Distribution Center - Building E

5200 Tradeport Drive, Parkway Village, Memphis, TN
Property

Industrial

625,875 SF
Availability

1 Space

625,000 SF
Year Built

1998
For Lease Contact for pricing
View Details (opens in new window)
Memphis Photovoltaics Park

900 Firestone Ave, Industrial Area, Memphis, TN
Property

Industrial

261,000 SF
Availability

1 Space

261,000 SF
For Lease Contact for pricing
View Details (opens in new window)
2650 Mt Moriah Rd

2650 Mt Moriah Rd, Bal - Moral, Memphis, TN
Property

VacantLand

2.3 Acre
Availability

1 Space

2.3 Acre
For Lease

$3,250.00/Acre/MO
View Details (opens in new window)
Distriplex Business Park - Building 2

6386 Global Drive, Parkway Village, Memphis, TN
Property

Industrial

201,500 SF
Availability

1 Space

93,000 SF
Year Built

2022
For Lease Contact for pricing
View Details (opens in new window)
Village on the Pike

2940-2962 Covington Pike, Raleigh, Memphis, TN
Property

Retail

7,975 SF
Availability

3 Spaces

7,975 SF
For Lease Contact for pricing
View Details (opens in new window)
1231 E Raines Rd

1231 E Raines Rd, Whitehaven, Memphis, TN
Property

Office

8,988 SF
Year Built

1956
For Sale Contact for pricing
View Details (opens in new window)
6100 Global Drive

6100 Global Drive, Parkway Village, Memphis, TN
Property

Industrial

105,848 SF
Availability

1 Space

105,848 SF
Year Built

2008
For Lease

$4.95/SF/YR
View Details (opens in new window)
Brooks Road

Brooks Road, Whitehaven, Memphis, TN
Property

VacantLand

15.15 Acre
Year Built

1972
For Sale

$350,000
View Details (opens in new window)
7345 Goodlett Farms Pkwy

7345 Goodlett Farms Pkwy, Cordova, TN
Property

Office

28,500 SF
Availability

1 Space

28,500 SF
Year Built

2008
For Lease Contact for pricing
View Details (opens in new window)
Distriplex II

6386 Global Drive, Parkway Village, Memphis, TN
Property

Industrial

201,500 SF
Availability

1 Space

93,000 SF
Year Built

2022
For Lease Contact for pricing
View Details (opens in new window)
.878 AC Next to Kroger Available for Sale

0 Macon Rd., Cordova, TN
Property

Retail

0.88 Acre
For Sale Contact for pricing
View Details (opens in new window)
Opportunity Zone Lot For Sale or Lease | Downtown Memphis

337 S 4th St, Downtown Memphis, Memphis, TN
Property

VacantLand

9,530 SF
Year Built

1920
For Sale

$500,000
View Details (opens in new window)
806 Poplar Ave

806 Poplar Ave, Uptown Memphis, Memphis, TN
Property

VacantLand

0.38 Acre
For Sale Contact for pricing
View Details (opens in new window)
1685 Germantown Pkwy

1685 Germantown Pkwy, Cordova, Memphis, TN
Property

VacantLand

0.68 SF
Availability

1 Space

0.68 SF
For Lease Contact for pricing
View Details (opens in new window)
4300 Getwell Road

4300 Getwell Road, Parkway Village, Memphis, TN
Property

Industrial

1,046,000 SF
Availability

1 Space

760,000 SF
Year Built

1971
For Lease

$5.25/SF/YR
View Details (opens in new window)
Lamar Ave & Old Getwell Rd

Lamar Ave & Old Getwell Rd, Oakville, Memphis, TN
Property

VacantLand

1.69 Acre
For Sale Contact for pricing
View Details (opens in new window)
3495 Austin Peay Hwy

3495 Austin Peay Hwy, Raleigh, Memphis, TN
Property

Retail

7,000 SF
Year Built

2006
For Sale

$1,400,000
View Details (opens in new window)
3461 E Raines Rd

3461 E Raines Rd, Oakhaven, Memphis, TN
Property

VacantLand

100 Acre
For Sale Contact for pricing
View Details (opens in new window)
Swinnea Logistics

Swinnea Rd, Oakhaven, Memphis, TN
Property

VacantLand

170,000 SF
For Sale Contact for pricing
View Details (opens in new window)
2486 Poplar Ave

2486 Poplar Ave, Binghampton, Memphis, TN
Property

VacantLand

0.89 Acre
Availability

1 Space

0.89 Acre
Year Built

1982
For Lease Contact for pricing
View Details (opens in new window)
4429-4439 Clark Ave

4429-4439 Clark Ave, Hickory Hill, Memphis, TN
Property

VacantLand

11 Acre
Availability

1 Space

11 Acre
For Lease Contact for pricing
View Details (opens in new window)
1690 Latham St.

1690 Latham St., Southside Memphis, Memphis, TN
Property

VacantLand

2.16 Acre
For Sale

$86,400
View Details (opens in new window)
Lamar Industrial Park - 3543 Lamar Avenue

3543 Lamar Avenue, Oakville, Memphis, TN
Property

Industrial

342,622 SF
Availability

1 Space

51,200 SF
Year Built

1971
For Lease Contact for pricing
View Details (opens in new window)
4539 Distriplex Drive W

4539 Distriplex Drive W, Oakhaven, Memphis, TN
Property

Industrial

54,000 SF
Availability

1 Space

54,000 SF
For Lease Contact for pricing
View Details (opens in new window)
Memphis Stateline Logistics Center

5501 Tchulahoma Rd, Oakhaven, Memphis, TN
Property

Industrial

2,000,000 SF
Availability

3 Spaces

1,960,800 SF
For Lease Contact for pricing
View Details (opens in new window)
NEC QUINCE & RIVERDALE

NEC QUINCE & RIVERDALE, Bal - Moral, Memphis, TN
Property

VacantLand
For Sale Contact for pricing
View Details (opens in new window)
1531 Thomas Street

1531 Thomas Street, Industrial Area, Memphis, TN
Property

Industrial

198,633 SF
Availability

1 Space

97,000 SF
For Lease

$3.50/SF/YR
View Details (opens in new window)
Jack Carley Causeway/Trigg

Jack Carley Causeway/Trigg, Southgate, Memphis, TN
Property

VacantLand

7.75 Acre
For Sale Contact for pricing
View Details (opens in new window)
1810 September Ave

1810 September Ave, Whitehaven, Memphis, TN
Property

Industrial

5,400 SF
Availability

2 Spaces

5,400 SF
Year Built

1982
For Lease

$12.86/SF/YR
View Details (opens in new window)
505 Winchester Rd

505 Winchester Rd, Whitehaven, Memphis, TN
Property

Industrial

14,646 SF
Availability

1 Space

14,646 SF
For Lease Contact for pricing
View Details (opens in new window)
East Memphis Medical Office Suite for Lease

1068 Cresthaven Rd, Eastgate, Memphis, TN
Property

Office
Availability

1 Space

1,805 SF
For Lease Contact for pricing
View Details (opens in new window)
2964 S 3rd St

2964 S 3rd St, Whitehaven, Memphis, TN
Property

Industrial

15,000 SF
Availability

1 Space

15,000 SF
For Lease Contact for pricing
View Details (opens in new window)
1080 Norris Rd

1080 Norris Rd, Southside Memphis, Memphis, TN
Property

VacantLand
For Sale

Subject To Offer
View Details (opens in new window)
1355 B Lynnfield Road
Lynnfield Business Hub
1355 B Lynnfield Road #245, Memphis, TN
Services

Virtual Office

Meeting Room

Private Office
Amenities

Business address

Mail services

Receptionist/Secretarial services
View Details (opens in new window)
Cordova Professional Complex

1590 Bonnie Lane, Cordova, Memphis, TN
Property

Office

73,561 SF
For Sale Contact for pricing
View Details (opens in new window)
3736 New Getwell Road

3736 New Getwell Road, Parkway Village, Memphis, TN
Property

Industrial

81,432 SF
Availability

2 Spaces

80,010 SF
Year Built

1966
For Lease Contact for pricing
View Details (opens in new window)
450 Brooks Road

450 Brooks Road, Whitehaven, Memphis, TN
Property

VacantLand

54.71 Acre
For Sale

$350,000
View Details (opens in new window)
US 51 & Route 16

US 51 & Route 16, Med District, Pana, IL
Property

VacantLand

11.41 Acre
For Sale

$1,200,000
View Details (opens in new window)
The Plaza on Macon

8095 Macon Rd, Cordova, TN
Property

Retail

15,000 SF
Availability

3 Spaces

3,800 SF
Year Built

2004
For Lease Contact for pricing
View Details (opens in new window)
2541 Warford Street

2541 Warford Street, Frayser, Memphis, TN
Property

VacantLand

15.7 SF
For Sale Contact for pricing
View Details (opens in new window)
554 Adams Ave

554 Adams Ave, Downtown Memphis, Memphis, TN
Property

Industrial

25,668 Acre
For Sale

$1,000,000
View Details (opens in new window)
Lamar Industrial Park

3527-3539 Lamar Avenue, Oakville, Memphis, TN
Property

Industrial

330,910 SF
Availability

1 Space

120,235 SF
For Lease Contact for pricing
View Details (opens in new window)
Dollar Tree

1201 Getwell Rd, Sherwood Forest, Memphis, TN
Property

Retail

14,490 SF
Year Built

2004
For Sale

$3,254,896
View Details (opens in new window)
44 South Front Street

44 S Front St, Downtown Memphis, Memphis, TN
Property

Office

23,916 SF
Availability

1 Space

2,385 SF
Year Built

1925
For Lease Contact for pricing
View Details (opens in new window)

Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Memphis commercial real estate market incorporates 10,803,259 square feet of office space across 155 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Memphis commercial real estate market includes 4,311,270 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Memphis market, there is a total of 1,137,598,505 square feet of industrial property.

The listing inventory in Memphis incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Memphis is represented by Industrial space, which accounts for 18,230,505 square feet of available listings. Office space available in Memphis adds up to 3,803,643 square feet.

Meanwhile, most of the listings of commercial property for sale in Memphis are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Memphis is $17.43 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Memphis can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $18.66 per square foot, industrial space in Memphis saw average rents of $4.41 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Memphis, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Memphis is in the Whitehaven neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the River Oaks area.

Meanwhile, retail space opportunities are most abundant in the Cordova submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Parkway Village.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $25.29 per square foot. In particular, the property type commanding the highest lease rates in Memphis was Office space.

Conversely, the highest sale price last year was $5,750,000 that is located at 5400 Poplar Avenue.

The average size of a commercial property in Memphis depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Memphis, the average size of an office property is 96,458 square feet.
Retail properties here incorporate an average of 42,268 square feet.
Industrial space in Memphis is in buildings that are, on average 10,248,636 square feet in size.

Memphis, TN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Memphis currently add up to 70,296,503 square feet. The market offers 131 active office listing(s), which amount to 3,807,761 square feet and account for 35% of commercial spaces on the market. Local retail availability includes 867,018 square feet across 79 retail space(s). Industrial space for rent opportunities in Memphis amount to 18,166,855 square feet across a total of 136 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	131	3,807,761
Retail	79	867,018
Industrial	136	18,166,855
Other	26	47,454,869

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Memphis, TN. Currently, there is 3,033,749 square feet of commercial property for sale here , which includes 24 office building(s) for sale , 30 retail investment opportunity listing(s) , and 33 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	24	598,517
Retail	30	247,446
Industrial	33	1,758,178
Other	68	429,607

Memphis, TN Commercial Real Estate Market Overview

Memphis, Tenn. is the state’s second-largest city and a major transportation hub on the Mississippi River. Commercial real estate in Memphis is mostly driven by the metro’s status as a transportation hub, as the area is well-connected for logistics through the Memphis International Airport (the second-busiest cargo airport in the world), I-40, I-55 and the major inland port. FedEx is the largest employer here, with the city serving as the company’s global hub.

Corporate offices are primarily concentrated in downtown Memphis, offering great views of the Mississippi River for a relatively affordable cost. Its central business area contains multiple high-tier properties, such as the Toyota Center and One Memphis Place. Other important commercial real estate markets in Memphis are Midtown Memphis — with neighborhoods like Central Gardens and Cooper-Young that are chock full of classic architecture — and the Medical District with its high density of medical office space and laboratories.

Memphis, TN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Memphis, TN?

What factors affect the price of commercial real estate in Memphis, TN?

What is the average rent for commercial space in Memphis, TN?

What are the best areas for commercial real estate in Memphis, TN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Memphis, TN?

Memphis, TN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Memphis, TN Commercial Real Estate Market Overview

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us