Memphis, TN Commercial Real Estate for Rent and Sale

Search 545 commercial real estate listings in Memphis, TN and find helpful local stats in the Market Overview section below.

Distriplex Business Park II

5633 Mineral Wells Road | Memphis, Parkway Village, Memphis, TN
Property

Industrial
Availability

1 Space

130,000 SF
Year Built

2023
For Lease Contact for pricing
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Triad Centre III

6070 Poplar Avenue, River Oaks, Memphis, TN
Property

Office

148,810 SF
Availability

5 Spaces

35,982 SF
Year Built

2009
For Lease Contact for pricing
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1300 Getwell Rd

1300 Getwell Rd, East Memphis Park, Memphis, TN
Property

Retail

11,952 SF
Availability

1 Space

11,952 SF
Year Built

1959
For Lease

$8,000.00/MO
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Audubon Woods Business Campus

755 Crossover Lane, Colonial, Memphis, TN
Property

Office

360,000 SF
Availability

1 Space

81,190 SF
Year Built

1981
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
Fully Furnished 5,852± SF Suite Available in Downtown Memphis

40 S Main St, Downtown Memphis, Memphis, TN
Property

Office
Availability

1 Space

5,852 SF
For Lease Contact for pricing
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Ridgeway Center - 999 Shady Grove

999 South Shady Grove Road, River Oaks, Memphis, TN
Property

Office

155,000 SF
Availability

4 Spaces

27,577 SF
Year Built

2008
For Lease Contact for pricing
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Colonnade

1661 International Drive, River Oaks, Memphis, TN
Property

Office
Availability

1 Space

3,350 SF
Year Built

1998
For Lease Contact for pricing
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779 Walnut Knoll Lane

779 Walnut Knoll Lane, Cordova, TN
Property

Office

6,000 SF
For Sale

$830,000
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Perimeter Point Business Center

5125 & 5175 Elmore Road, 5115 Covington Way, 2170 & 2175 Business Center Drive, 2165 Spice Cove, Raleigh, Memphis, TN
Property

Industrial

131,000 SF
Availability

2 Spaces

28,010 SF
Year Built

1987
For Lease

$8.50 - $12.50/SF/YR
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Champion Hills Office Building

3725 Champion Hills Drive, Windyke - Southwind, Memphis, TN
Property

Office

78,688 SF
Availability

4 Spaces

21,695 SF
Year Built

2001
For Lease Contact for pricing
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Oak Court Office Building

530 Oak Court Drive, Audubon, Memphis, TN
Property

Office

125,239 SF
Availability

11 Spaces

63,305 SF
Year Built

1988
For Lease

$24.00/SF/YR
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Forum II Office East Memphis

1790 Kirby Pkwy, River Oaks, Memphis, TN
Property

Office
Availability

1 Space

5,556 SF
For Lease Contact for pricing
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2851 Lamb Place

2851 Lamb Place, Memphis International Airport, Memphis, TN
Property

Industrial

50,000 SF
Availability

3 Spaces

20,250 SF
For Lease

$4.50/SF/YR
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6170 Macon Rd, Memphis, TN

6170 Macon Rd, Shelby Farms Park, Memphis, TN
Property

Retail

89,045 SF
Availability

3 Spaces

15,300 SF
Year Built

1986
For Lease Contact for pricing
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Crosstown Concourse

495 North Watkins Street, Med District, Memphis, TN
Property

Office

1,000,000 SF
Availability

2 Spaces

14,886 SF
Year Built

2017
For Lease Contact for pricing
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Distriplex Center (Bldg 9)

3778 Distriplex Dr, Oakhaven, Memphis, TN
Property

Industrial

30,325 SF
Availability

1 Space

30,325 SF
Year Built

1995
For Lease Contact for pricing
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Estate Office Park | Building 2

5336-5356 Estate Office Park Drive, Eastgate, Memphis, TN
Property

Office
Availability

1 Space

1,441 SF
Year Built

1982
For Lease Contact for pricing
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294 N Cleveland

294 N Cleveland, Med District, Memphis, TN
Property

Retail

1,000 SF
Availability

2 Spaces

5,895 SF
For Lease

$12.01 - $15.00/SF/YR
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7859 U.S. 64

7859 U.S. 64, Cordova, Memphis, TN
Property

Office

48,403 SF
Availability

1 Space

48,430 SF
For Lease

$5.50/SF/YR
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4013 Premier Ave

4013 Premier Ave, Parkway Village, Memphis, TN
Property

Industrial

184,990 SF
Availability

1 Space

124,000 SF
Year Built

1964
For Lease Contact for pricing
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Commercial Real Estate Listings in Memphis, TN

The Memphis real estate market has a lot to offer. You will find that Industrial space accounts for the largest share of CRE for rent opportunities on the local market. Meanwhile, Office space accounts for the second-largest share of listings on the market.

Memphis, TN Commercial Real Estate Listings for Rent

Type No. of Listings Space Available

Industrial 168 1,137,598,505 Sq. Ft.

Office 155 10,803,259 Sq. Ft.

Retail 111 4,311,270 Sq. Ft.

CRE for Rent in Memphis, TN by Use Type

Office

0.94%

Retail

0.37%

Industrial

98.69%

Top Locations for Commercial Space in Memphis, TN

Depending on the type of space that you’re looking for, different areas of Memphis may suit your needs differently. The city’s Whitehaven neighborhood has the highest concentration of CRE listings, offering 148 availabilities on the market. The River Oaks neighborhood is home to the second-largest number of leasing opportunities — 95 listing(s).

At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in River Oaks.

Top Locations for CRE Listings in Memphis, TN

Neighborhood with most CRE Listings No. of Spaces

Whitehaven 148

River Oaks 95

Downtown Memphis 74

Top Locations for Office Listings in Memphis, TN

Neighborhood with most Office Listings No. of Spaces

River Oaks 94

Whitehaven 92

Downtown Memphis 55

Areas with numerous industrial properties are also more likely to be well-connected logistically. The Parkway Village area is the local Memphis submarket with the most listings for rent, at this time.

Retail properties can be both scattered and clustered, mostly depending on the use type and where it best fits in order to be close to the customers. In Memphis, you’ll find the most such opportunities for lease to be in Cordova.

Top Locations for Industrial Listings in Memphis, TN

Neighborhood with most Industrial Listings No. of Spaces

Parkway Village 60

Whitehaven 26

Hickory Hill 11

Top Locations for Retail Listings in Memphis, TN

Neighborhood with most Retail Listings No. of Spaces

Cordova 36

Whitehaven 26

Hickory Hill 15

Commercial Real Estate for Sale in Memphis, TN

If you’re looking to invest in real estate rather than to lease, the local real estate market also has something to offer. There are currently 3,081,483 square feet of commercial property for sale in Memphis. The largest investment opportunity on the local market offers 787,000 square feet of earning potential.

It’s worth noting that not all sale opportunities will have a price listed, but it is easy to reach out to the property representative for more information or to schedule a tour using the contact form or the contact details available on the listing page.

Mixed-Use and Green Commercial Real Estate in Memphis, TN

Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.

Moreover, they are in line with relatively recent trends toward a healthier, more walkable urban environment, where more amenities are placed within easier reach of the population. Properties that are built and designed with sustainability in mind provide more value for investors while also cutting down on costs for tenants. LEED certifications attest to a building’s commitment to green building. The local market includes 4 LEED-certified commercial building(s).

Distribution of LEED-Certified CRE Properties in Memphis, TN

LEED Gold

2

LEED Platinum

1

LEED Silver

1

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