Available Retail Space Listings in Memphis, TN

Search 120 retail listings in Memphis, TN and find helpful local stats in the Market Overview section below.

1771 North Germantown Parkway

1771 North Germantown Parkway, Cordova, Memphis, TN
Property

Retail

88,000 SF
Availability

1 Space

1,493 SF
For Lease Contact for pricing
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Crosstown Concourse

1350 Concourse Ave, Med District, Memphis, TN
Property

Retail

65,000 SF
Availability

3 Spaces

9,554 SF
For Lease Contact for pricing
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Cross Creek

3499-3619 Riverdale Rd, Hickory Hill, Memphis, TN
Property

Retail

360,180 SF
Availability

6 Spaces

41,472 SF
For Lease Contact for pricing
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2690 Kirby Whitten Rd

2690 Kirby Whitten Rd, Cordova, Memphis, TN
Property

Retail

7,936 SF
Availability

1 Space

1,500 SF
Year Built

2016
For Lease Contact for pricing
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Goodlett Commons

1674 Whitten Rd, Cordova, TN
Property

Retail

12,000 SF
Availability

1 Space

1,440 SF
Year Built

2009
For Lease Contact for pricing
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Dexter Ridge

1740 N Germantown Parkway, Cordova, TN
Property

Retail

10,000 SF
Availability

1 Space

8,300 SF
For Lease Contact for pricing
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Freestanding 7,307± SF Building Established Retail Corridor - Memphis

3895 Hacks Cross Rd, South Riverdale, Memphis, TN
Property

Retail
Availability

1 Space

7,307 SF
Year Built

2004
For Lease Contact for pricing
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6696 Poplar Avenue

6696 Poplar Avenue, River Oaks, Memphis, TN
Property

Retail

5,763 SF
Availability

1 Space

3,305 SF
For Lease

$25.00/SF/YR
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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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Orange Mound Tower Redevelopment

2205 Lamar Avenue, Orange Mound, Memphis, TN
Property

Retail

100,000 SF
Availability

1 Space

100,000 SF
Year Built

1947
For Lease

$15.00 - $20.00/SF/YR
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American Way Plaza

4619-4685 American Way, Parkway Village, Memphis, TN
Property

Retail

104,042 SF
Availability

5 Spaces

37,505 SF
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

1 Space

1,000 SF
For Lease

$15.00/SF/YR
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Quince Station

5121 Quince Road, Eastgate, Memphis, TN
Property

Retail

95,454 SF
Availability

4 Spaces

15,121 SF
For Lease Contact for pricing
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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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4340 Elvis Presley Blvd

4340 Elvis Presley Blvd, Whitehaven, Memphis, TN
Property

Retail

6,159 SF
Availability

2 Spaces

2,400 SF
For Lease Contact for pricing
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Countryside Center

7221 Stage Rd, Cordova, Memphis, TN
Property

Retail

32,502 SF
Availability

3 Spaces

7,568 SF
Year Built

1995
For Lease Contact for pricing
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Harmony Plaza

2200 Frayser Blvd, Frayser, Memphis, TN
Property

Retail

103,024 SF
Availability

3 Spaces

22,680 SF
Year Built

1965
For Lease Contact for pricing
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804 S Highland St

804 S Highland St, Normal Station, Memphis, TN
Property

Retail

10,490 SF
Availability

1 Space

10,490 SF
Year Built

1964
For Lease Contact for pricing
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Cordova Station

1010 North Germantown Parkway, Cordova, Memphis, TN
Property

Retail

18,805 SF
Availability

2 Spaces

2,900 SF
For Lease Contact for pricing
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Willow Grove Shopping Center

6635-6685 Quince Road, Bal - Moral, Memphis, TN
Property

Retail

29,948 SF
Availability

5 Spaces

14,199 SF
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 $15.06 per square foot.

Retail Space Lease Types in Memphis, TN

The most common type of lease agreement you’ll find here is NNN, with 69 space(s) available under this type of arrangement. The local market is also home to 9 retail space(s) offered under a Modified Gross lease agreement type, and 2 Full Service listing(s).

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

NNN 69
Modified Gross 9
Full Service 2

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 142 listing(s) within that size range. You can also search 70 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 5 such space(s) available.  

Restaurant spaces listed for rent here have an average size of 3,432 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 2 space(s) listed as Street Retail. The average size you can expect to find for this category is 3,500 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.

What’s more, you can find 2 listing(s) in the Freestanding category, currently available in the average size of 14,429 square feet. Freestanding retail spaces or buildings are a great choice for businesses that need more room to carry out their day-to-day operations and want to stand out. Being located on their own lot and generally featuring more generous showroom and storage space than other such space types, freestanding retail offers tenants the leeway to build the experience they want.

Number of Retail Spaces for Lease in Memphis, TN, by Use Type

Restaurant

5

Street Retail

2

Freestanding

2

Retail (Other)

1

Average Retail Listing Size in Memphis, TN, by Use Type

Restaurant

3,432 sq. ft.

Street Retail

3,500 sq. ft.

Freestanding

14,429 sq. ft.

Retail (Other)

17,000 sq. ft.

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 — 54 retail space(s). The most popular space type here is Restaurant. You can find 2 such listing(s) here.

Memphis’s second most popular area is Whitehaven, where you can find 46 retail listing(s). The most likely type of space you can rent here is Street Retail. If this is the kind of property you are looking for, you will find 1 listing(s) available here.

Colonial is also among the best areas to search for your next commercial space. Here you can find 23 retail space(s) available for consideration by prospective tenants, of which 1 are Restaurant.

Top Locations to Lease Retail Space in Memphis, TN

Cordova

54

Whitehaven

46

Colonial

23

Hickory Hill

22

Chickasaw Oaks

17

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.

How much space do you think you will need? A smaller, more specialized business may find a mall space to be more than accommodating, but if you’re looking to set up a business like a diner, car wash, or furniture store, a freestanding space or big box retail space in a shopping center may be more appropriate.

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

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