Available Retail Space Listings in Memphis, TN

Search 119 retail listings in Memphis, TN and find helpful local stats in the Market Overview section below.

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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The Flats at Cooper Young Retail

999 S Cooper St, Cooper - Young, Memphis, TN
Property

Retail

1,665 SF
Availability

1 Space

555 SF
Year Built

2019
For Lease Contact for pricing
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2983-2995 Lamar Ave

2983-2995 Lamar Ave, Bethel Grove, Memphis, TN
Property

Retail

24,806 SF
Availability

3 Spaces

31,000 SF
For Lease

$7.50/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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1245 North Germantown Pkwy

1245 North Germantown Pkwy, Cordova, TN
Property

Retail

142,000 SF
Availability

2 Spaces

26,230 SF
Year Built

2000
For Lease Contact for pricing
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Colony Square

5376 Knight Arnold Rd, Fox Meadows, Memphis, TN
Property

Retail

25,031 SF
Availability

3 Spaces

11,040 SF
Year Built

1987
For Lease Contact for pricing
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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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The Commons at Dexter Lake

N Germantown Pkwy at Dexter Rd, Cordova, TN
Property

Retail

228,796 SF
Availability

1 Space

5,000 SF
For Lease Contact for pricing
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Laurelwood Place

420 Perkins Extended, Brennan, Memphis, TN
Property

Retail

23,360 SF
Availability

1 Space

1,620 SF
For Lease Contact for pricing
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Shops at Kirby Gate

2857 Kirby Parkway, Bal - Moral, Memphis, TN
Property

Retail

42,417 SF
Availability

3 Spaces

8,657 SF
For Lease Contact for pricing
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5145 Raleigh LaGrange Road

5145 Raleigh LaGrange Road, Raleigh, Memphis, TN
Property

Retail

20,180 SF
Availability

1 Space

5,045 SF
For Lease

$7.73/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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2977 Broad Avenue

2977 Broad Avenue, Howzye, Memphis, TN
Property

Retail

18,000 SF
Availability

1 Space

2,100 SF
Year Built

2024
For Lease Contact for pricing
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Club Center

8014 Club Center Drive, Cordova, TN
Property

Retail

24,800 SF
Availability

2 Spaces

2,800 SF
For Lease Contact for pricing
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Countrywood Crossing

2201 N Germantown Pkwy, Cordova, TN
Property

Retail

85,079 SF
Availability

10 Spaces

127,130 SF
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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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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890 E Raines Rd

890 E Raines Rd, Whitehaven, Memphis, TN
Property

Retail

8,593 SF
Availability

1 Space

1,000 SF
Year Built

1969
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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Lamar Crossing

2926-2938 Lamar Avenue, Bethel Grove, Memphis, TN
Property

Retail

64,800 SF
Availability

4 Spaces

91,042 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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