1130 N Germantown Pkwy — Sale in Memphis, TN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Memphis, TN 38016

Description

Freestanding 7,700 SF Building 7,700 SF Freestanding building with drive-thru available

Market Context

This retail in Memphis, TN is listed for sale. It has been on the market for 196 days. Compare it against other retail listings for sale in Memphis, TN — view the full market.

As of Q1 2026, the Memphis retail market showed a 4.2% vacancy rate, average asking rents near $25.56/SF/yr, and cap rates around 7.0%. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in Memphis?
About 7.0% as of Q1 2026, per multiple brokerage reports.
Is the Memphis retail market tightening or softening?
Vacancy is around 4.2% (Q1 2026).

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