Commercial Real Estate & Businesses in Memphis, TN
Find 133 commercial real estate and business listings for sale and lease in Memphis, Tennessee. Browse office, retail, industrial and investment properties.
133 listings available
Market Brief
CREhunt currently has 133 commercial listings for sale in Memphis, TN. Asking prices run typically around $325K across 5 publicly priced listings. The typical space is about 41,945 SF.
Memphis, TN Market Report · Q2 2026
3 of 4 sectors reporting
Retail is the only Memphis sector publishing a capitalization rate this period, at 7% as of Q2 2026.
Vacancy is reported for 3 of 4 sectors: office at 18%, industrial at 7.2%, retail at 4.2%.
Asking rents: office at $20.47/SF/yr, industrial at $4.40/SF/yr, retail at $25.56/SF/yr.
No published quarterly covered multifamily in Memphis for this period, so those sectors are left out rather than estimated.
Supply and absorption
Industrial in Memphis: Cushman & Wakefield reported 3.4M SF under construction and net absorption of 2.5M SF in Q1 2026.
Office in Memphis: Cushman & Wakefield reported 486K SF delivered and net absorption of 85K SF in Q4 2025.
Submarkets
Within Memphis's industrial market, Cushman & Wakefield reported submarket vacancy in Q1 2026: Desoto County at 10.5%; Marshall County at 10.4%; Northeast at 6%.
Within Memphis's office market, Cushman & Wakefield reported submarket vacancy in Q4 2025: 385 Corridor at 20.1%; Airport at 33.5%; Downtown at 16.6%.
Coverage and sources
No quarterly reviewed here published figures for Memphis retail and multifamily, so those sectors are absent from this overview rather than estimated.
Figures are drawn from quarterly market reports published by CBRE, Cushman & Wakefield and JLL.
| Sector | Vacancy | Asking rent | YoY rent | Cap rate | Period |
|---|---|---|---|---|---|
| Office | 18% | $20.47/SF/yr | Not reported | Not reported | Q2 2026 |
| Industrial | 7.2% | $4.40/SF/yr | Not reported | Not reported | Q2 2026 |
| Retail | 4.2% | $25.56/SF/yr | Not reported | 7% | Q1 2026 |
Market figures are drawn from published brokerage quarterlies covering the Memphis metro (CBRE and Cushman & Wakefield). Figures are reproduced as reported and are never converted between $/SF and $/unit.
- Industrial in Memphis, TN Industrial Property · Memphis, TN
- Appling Farms Pky Commercial Land · Memphis, TN
- Airport Distribution Center 6 Industrial Property · Memphis, TN
- 4025 Viscount Ave Industrial Property · Memphis, TN
- 1837 Harbor Ave Industrial Property · Memphis, TN
- Shelby Oaks Industrial Park Industrial Property · Memphis, TN
- 1.17 Acres For Lease Commercial Land · Memphis, TN
- FlexIndustrial in Memphis, TN Industrial Property · Memphis, TN
- Preserve at Forest Creek Business · Memphis, TN
- Walden Pointe Business · Memphis, TN
- Sycamore Lake Business · Memphis, TN
- 100% HVAC - Stand Alone Building Industrial Property · Memphis, TN
- Walgreens (#1 Store in TN and Top 99% Nationally) Retail Business · Memphis, TN
- Raleigh Group Medical Office Office · Memphis, TN
- Wendy's Business · Memphis, TN
- Scooter’s Coffee Business · Memphis, TN
- Dollar Tree Retail Business · Memphis, TN
- RARE CORPORATE POPEYES – VALUE-ADD Business · Memphis, TN
- Appling Farms Corporate Park Industrial Property · Memphis, TN
- Austin Peay Hwy. Commercial Land · Memphis, TN
- Century Center Business · Memphis, TN
- Land in Memphis, TN Commercial Land · Memphis, TN
- Office in Memphis, TN Office · Memphis, TN
- Lenox Land Commercial Land · Memphis, TN
- Investment Opportunity Business · Memphis, TN
- 135 S. Main Street Retail Business · Memphis, TN
- One Commerce Square Sublease Office · Memphis, TN
- 40 South Main Office · Memphis, TN
- 150 Peabody Place Retail Business · Memphis, TN
- Southpark Distribution Center Industrial Property · Memphis, TN
- 5545 Murray Avenue Office · Memphis, TN
- Loewenberg Building Office · Memphis, TN
- O'Ryan Building Office · Memphis, TN
- Crescent Center Office · Memphis, TN
- Crescent Center Sublease Office · Memphis, TN
- 949 S. Shady Grove Sublease Office · Memphis, TN
- 2900 Kirby Parkway Sublease Office · Memphis, TN
- Atrium II Sublease Office · Memphis, TN
- Wiseacre Land Commercial Land · Memphis, TN
- Butler Row Development Site Commercial Land · Memphis, TN
- The Altana Business · Memphis, TN
- The Bonsai at Central Gardens Business · Memphis, TN
- 200 Madison Ave Business · Memphis, TN
- 48 S. Front Business · Memphis, TN
- The Walnut Grove Land Site Commercial Land · Memphis, TN
- Woodlands BTR Site Business · Memphis, TN
- Luxe at Raleigh Business · Memphis, TN
- 70 Single Family - Rental Portfolio Business · Memphis, TN · $5.9M
- 299 N Cleveland St Industrial Property · Memphis, TN · $3.2M · 41,945 SF
- Crescent Center Office · Memphis, TN
Frequently asked questions
How many commercial listings are available in Memphis, TN?
CREhunt currently tracks 133 commercial real estate and business listings in Memphis, TN. Asking prices are typically around $325,000.
What is the fastest way to find relevant listings in Memphis, TN?
Memphis, TN carries 133 active listings, so it is practical to scan the full set once by asset type, then shortlist on space and price before contacting brokers.
Should I browse Memphis, TN by property type or review everything?
Either works at this size. Sorting 133 listings by property type is usually faster, but the Memphis, TN set is small enough to review end to end without filtering.
What should I check before contacting a broker in Memphis, TN?
Compare each listing against the Memphis, TN typical asking price of $325,000, confirm available space and asset type, and note anything that explains a gap either way before you contact the broker.
Other markets in Tennessee
- Commercial real estate in Nashville, TN
- Commercial real estate in Chattanooga, TN
- Commercial real estate in Clarksville, TN
- Commercial real estate in Franklin, TN
- Commercial real estate in Brentwood, TN
- Commercial real estate in Lebanon, TN
- Commercial real estate in Murfreesboro, TN
- Commercial real estate in Knoxville, TN