Germantown Collection — Lease in Germantown, TN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Germantown, TN 38138

Description

Commercial property listing from JLL. Property: Germantown Collection.

Market Context

This retail in Germantown, TN is listed for lease. It has been on the market for 166 days. Compare it against other retail listings for lease in Germantown, 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).

Estimated Market Rate

$1.81/SF/mo – $2.45/SF/mo

Mid: $2.13/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

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