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.

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.