Memphis Commercial Real Estate

610 Minor Rd - Entire Building Normal Station, Memphis, TN five grade doors
Oct 17
15,000
sqft
For Sale Industrial Mixed Use
6621 Kirby Center Cove - Entire Building Memphis, TN  
Sep 20
2,140
sqft
For Sale Office Medical
6240 E Shelby Dr - Entire Building Memphis, TN Parking Ratio.
Sep 14
17,600
sqft
For Sale Industrial
3024 E Shelby Dr - Entire Building Quince-Oakhaven-Parkway PD, Memphis, TN  
Jul 25
3,320
sqft
For Sale Office Medical Retail Industrial
3964 Elliston Rd - Entire Building Memphis, TN Close Highway.
Jul 24
2,500
sqft
For Sale Office Medical Retail Industrial
2062 Southern Ave - Entire Building Cooper Young, Memphis, TN  
Jul 24
4,000
sqft
For Sale Office Retail
2627 James Rd - Entire Building Hollywood-Hyde Park-Springdale, Memphis, TN  
Jul 24
3,710
sqft
For Sale Office Medical Retail Industrial
3614 S Perkins Rd - Entire Building Memphis, TN idol daycare center
Jul 24
4,210
sqft
For Sale Office Medical Retail Industrial
771 Walnut Knoll Ln - Entire Building Walnut Creek, Memphis, TN former day care
Jul 24
6,300
sqft
For Sale Office Medical Retail Industrial
495 Union Ave - Entire Building New Pathways, Memphis, TN  
Jul 21
275,000
sqft
For Sale Industrial Office
1579 3 Pl - Entire Building Memphis, TN  
Jul 06
9,790
sqft
For Sale Industrial

Memphis

Market Report

Number of Listings
Posted in the last 90 days
33
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,910

Memphis Rates

On average, listings lease in the $20's per square foot per year. The Memphis region is experiencing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 13% increase in rent.

Compared to the rest of the Memphis market, the Memphis submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Memphis Listing Supply

In the last 90 days, 2079 listings have been posted online, so you'll want to check back regularly for new listings. About 11% of the available space in the Memphis are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,280 sqft. Most buildings in this area are close to 1 stories. Most buildings in this area were built in 1985 and are Class B.

Memphis Community

Market Data

Real time and historical data on commercial real estate listings in Memphis.
Research