Memphis, TN Commercial Real Estate for Rent and Sale

Search 550 commercial real estate listings in Memphis, TN and find helpful local stats in the Market Overview section below.

Former Pritchard Brothers Plumbing Building

433 Madison Ave, Downtown Memphis, Memphis, TN
Property

Retail

4,210 SF
Availability

1 Space

4,210 SF
Year Built

1903
For Lease

$17.00/SF/YR
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88 Union Center

88 Union Avenue, Downtown Memphis, Memphis, TN
Property

Office

83,675 SF
Availability

9 Spaces

33,979 SF
Year Built

1927
For Lease

$15.50/SF/YR
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Industrial - 603,388± SF For Lease in Memphis, TN

4600 Sonoma Cove, Parkway Village, Memphis, TN
Property

Industrial
Availability

1 Space

603,388 SF
For Lease Contact for pricing
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5055 Covington Way

5055 Covington Way, Raleigh, Memphis, TN
Property

Industrial

11,050 SF
Availability

1 Space

5,550 SF
For Lease

$12.00/SF/YR
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Looking for more specific results? Choose your preferred property type

Office Coworking Retail Industrial

Office Retail Industrial Land
Highland Row

521-529 S Highland Street, Chickasaw Gardens, Memphis, TN
Property

Retail

17,940 SF
Availability

2 Spaces

3,509 SF
For Lease Contact for pricing
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1,185± - 3,921± SF Available at 2603 Corporate Ave.

2603 Corporate Ave, Whitehaven, Memphis, TN
Property

Office
Availability

1 Space

2,297 SF
For Lease Contact for pricing
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5545 Murray Avenue

5545 Murray Avenue, Eastgate, Memphis, TN
Property

Office

26,976 SF
Availability

1 Space

937 SF
Year Built

1974
For Lease Contact for pricing
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Thousand Oaks Business Center - 2620 Thousand Oaks Blvd

2620 Thousand Oaks Blvd, Colonial, Memphis, TN
Property

Office

120,365 SF
Availability

9 Spaces

118,447 SF
Year Built

1989
For Lease

$16.50/SF/YR
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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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33,835± SF Divisible to 16,137± SF Flex/Industrial Availability

2655 Dividend Dr, Whitehaven, Memphis, TN
Property

Industrial
Availability

1 Space

33,835 SF
For Lease Contact for pricing
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Southwind Office Center - 3350 Players Club Pkwy

3350 Players Club Pkwy, Windyke - Southwind, Memphis, TN
Property

Office

80,806 SF
Availability

10 Spaces

51,020 SF
Year Built

2000
For Lease

$21.00/SF/YR
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Atrium I

6800 Poplar Avenue, River Oaks, Memphis, TN
Property

Office
Availability

1 Space

1,712 SF
Year Built

1984
For Lease Contact for pricing
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Covington Springs

3830-3854 Austin Peay Hwy, Raleigh, Memphis, TN
Property

Retail

41,160 SF
Availability

4 Spaces

12,432 SF
Year Built

1994
For Lease Contact for pricing
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1556 Union Ave

1556 Union Ave, Midtown Memphis, Memphis, TN
Property

Retail

8,900 SF
Availability

2 Spaces

4,100 SF
For Lease Contact for pricing
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7275 Goodlett Farms Pkwy

7275 Goodlett Farms Pkwy, Cordova, TN
Property

Office

50,518 SF
Availability

1 Space

50,504 SF
Year Built

1997
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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3,142± SF Office Availability - Convenient to Poplar Ave.

670 Oakleaf Office Ln, Colonial, Memphis, TN
Property

Office
Availability

1 Space

3,142 SF
Year Built

1987
For Lease Contact for pricing
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785 Union Avenue

785 Union Avenue, Downtown Memphis, Memphis, TN
Property

Retail

27,340 SF
Availability

1 Space

6,122 SF
Year Built

1999
For Lease Contact for pricing
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8079 Trinity Rd

8079 Trinity Rd, Cordova, TN
Property

Retail

837 SF
Availability

1 Space

837 SF
For Lease Contact for pricing
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Lenox Park - 6775 Lenox Center Court

6775 Lenox Center Court, Hickory Hill, Memphis, TN
Property

Office

101,246 SF
Availability

6 Spaces

98,411 SF
Year Built

1999
For Lease

$19.50/SF/YR
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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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