Retail Business for Sale in Memphis, TN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Memphis, TN 38128

Description

98,926 SF Retail Available in Memphis, TN

Market Context

This retail in Memphis, TN is listed for sale. It has been on the market for 164 days. Compare it against other retail listings for sale in Memphis, TN — <a href="/search/sale/retail/tennessee/memphis">view the full market</a>.

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: Consensus Q1 2026 market report.

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 Consensus.
Is the Memphis retail market tightening or softening?
Vacancy is around 4.2% (Q1 2026).

Unified Estimate

Very Low Confidence

$49.96/SF – $67.59/SF

Mid: $58.78/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market chicago (similarity: 100%) with 10 comparable listings.

Contact

Explore this market

Similar Retail Business for Sale in Memphis, TN