Memphis, TN Retail Space for Lease

Search 91 retail listings in Memphis, TN and find helpful local stats in the Market Overview section below.

Sanderlin Shopping Center

5101 Sanderlin Rd, Brennan, Memphis, TN
Property

Retail

49,293 SF
Availability

1 Space

2,507 SF
Year Built

1989
For Lease Contact for pricing
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Winchester Commons

7942 Winchester Road, South Riverdale, Memphis, TN
Property

Retail

93,024 SF
Availability

2 Spaces

3,653 SF
Year Built

1998
For Lease Contact for pricing
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2732 Old Austin Peay Hwy

2732 Old Austin Peay Hwy, Raleigh, Memphis, TN
Property

Industrial

9,294 SF
Availability

3 Spaces

9,294 SF
Year Built

1988
For Lease Contact for pricing
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Park Center

3883-3951 Park Avenue, Sherwood Forest, Memphis, TN
Property

Retail

104,690 SF
Availability

2 Spaces

3,828 SF
For Lease Contact for pricing
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Quince & White Station

5143 Quince Rd, Eastgate, Memphis, TN
Property

Retail

87,529 SF
Availability

3 Spaces

10,621 SF
Year Built

2010
For Lease Contact for pricing
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Freestanding Retail

3544 Covington Pike, Raleigh, Memphis, TN
Property

Retail

8,000 SF
Availability Contact for availability

For Lease Contact for pricing
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588 S Cooper

588 S Cooper Street, Lenox, Memphis, TN
Property

Retail

5,250 SF
Availability

1 Space

1,518 SF
For Lease Contact for pricing
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Hickory Ridge Commons

6305 Winchester Road, Hickory Hill, Memphis, TN
Property

Retail

332,359 SF
Availability

4 Spaces

42,381 SF
Year Built

1992
For Lease

$10.00/SF/YR
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Centennial Village

7825 Winchester Rd Memphis, South Riverdale, Memphis, TN
Property

Retail

43,673 SF
Availability

3 Spaces

8,728 SF
For Lease Contact for pricing
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2555 Elvis Presley Blvd

2555 Elvis Presley Blvd, Alcy - Dunn, Memphis, TN
Property

Retail

12,611 SF
Availability

1 Space

12,611 SF
Year Built

1967
For Lease

$4,250.00/MO
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2912 Coleman Rd

2912 Coleman Rd, Raleigh, Memphis, TN
Property

Retail

8,048 SF
Availability

1 Space

8,048 SF
Year Built

2002
For Lease Contact for pricing
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Retail Space Rents in Memphis, TN

Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Memphis asks $13.77 per square foot.

Retail Space Lease Types in Memphis, TN

The most common type of lease agreement you’ll find here is NNN, with 45 space(s) available under this type of arrangement. The local market is also home to 10 retail space(s) offered under a Modified Gross lease agreement type, and 1 Full Service listing(s).

Most Common Type of Lease for Retail Buildings in Memphis, TN

NNN 45
Modified Gross 10
Full Service 1

Average Size of Retail Space for Lease in Memphis, TN

The average size for this type of rental opportunity in Memphis is 1,000 sqft to 2,500 sqft. Currently, the local market offers 85 listing(s) within that size range. You can also search 63 listing(s) in the more than 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.

Retail Space Types You Can Lease in Memphis, TN

Retail space in Memphis comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Restaurant and you can find 4 such space(s) available.  

Restaurant spaces listed for rent here have an average size of 2,744 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.

The local market is also home to 3 space(s) listed as Street Retail. The average size you can expect to find for this category is 11,527 square feet. You’ll find street retail spaces are mostly located in urban and suburban areas that have high foot traffic. This type of space is often a great choice for smaller retailers that are looking for well-positioned points of sale.

However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.

Top Locations to Lease Retail Space in Memphis, TN

In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.

Cordova is your top choice for lease opportunities, as it is currently home to the highest number of listings — 42 retail space(s).

Memphis’s second most popular area is Whitehaven, where you can find 24 retail listing(s).

Raleigh is also among the best areas to search for your next commercial space. Here you can find 15 retail space(s) available for consideration by prospective tenants, of which 1 are Restaurant.

Top Locations to Lease Retail Space in Memphis, TN

Cordova

Whitehaven

Raleigh

Downtown Memphis

Hickory Hill

Key Factors to Consider When Choosing a Retail Space for Lease

When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.

Data based on retail spaces listed for rent on CommercialSearch.com

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Memphis, TN Retail Space for Lease

Sanderlin Shopping Center

Winchester Commons

2732 Old Austin Peay Hwy

Park Center

Quince & White Station

Freestanding Retail

588 S Cooper

Hickory Ridge Commons

Centennial Village

2555 Elvis Presley Blvd

2912 Coleman Rd

Retail Space Rents in Memphis, TN

Retail Space Lease Types in Memphis, TN

Most Common Type of Lease for Retail Buildings in Memphis, TN

Average Size of Retail Space for Lease in Memphis, TN

Retail Space Types You Can Lease in Memphis, TN

Top Locations to Lease Retail Space in Memphis, TN

Top Locations to Lease Retail Space in Memphis, TN

Key Factors to Consider When Choosing a Retail Space for Lease

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