Commercial Real Estate in Memphis- Offices, Warehouses, and Retail for Lease

Demand for office space in Memphis is steady, with East Memphis and Downtown leading due to healthcare, finance, and legal industries. Hybrid work trends have increased demand for flexible leases and smaller offices, while corporate relocations continue to favor Class A towers. Boxer Property provides turnkey solutions that cater to both small teams and large enterprises, ensuring businesses can find office environments that fit their evolving needs in Memphis.

Yes, Memphis presents strong investment opportunities in 2025. With logistics driving industrial demand, stable healthcare tenants supporting office markets, and suburban retail expanding in areas like Germantown, the city remains attractive for investors. Compared to Nashville, Memphis offers more affordable entry points and strong yield potential. Boxer Property guides investors with insights into cap rates, NOI expectations, and submarket performance to maximize returns in Memphis’s growing CRE sector.

Lease rates in Memphis vary by submarket. Downtown offices are moderately priced, East Memphis Class A towers command premium rates, and Midtown offers affordable creative spaces. Industrial near the airport has higher demand, while suburban retail remains competitive. Boxer Property assists clients in evaluating lease structures, comparing costs per square foot, and analyzing occupancy trends, ensuring tenants make informed decisions when selecting locations that best support business goals.

Yes, Memphis industrial markets, especially near the Airport Corridor and I-40, offer warehouses with dock-high loading for logistics and distribution. These spaces are ideal for companies managing regional or national supply chains. Boxer Property provides access to flexible warehouse leases with modern loading features, secure facilities, and proximity to transportation hubs. Businesses benefit from Memphis’s central location, making it one of the most strategic logistics hubs in the U.S.

Retail lease terms in Memphis typically range from three to ten years, depending on location, tenant build-out requirements, and property type. High-traffic areas like Germantown or Midtown may require longer commitments, while suburban centers may offer flexible terms. Boxer Property negotiates tailored agreements to fit tenant needs, whether for small businesses or national chains. Tenants also benefit from competitive rental rates and the city’s growing consumer base.

In Memphis, NNN (triple net) leases require tenants to cover property taxes, insurance, and maintenance in addition to base rent, often found in retail and industrial spaces. Full-service leases, more common in office buildings, include utilities, janitorial, and operating expenses in the rent. Boxer Property offers both options, helping tenants choose based on budget and operational preferences, ensuring transparency and flexibility when leasing commercial space across Memphis submarkets.

Closing timelines for commercial real estate in Memphis vary, typically taking 60 to 120 days depending on financing, due diligence, and property type. Smaller transactions may close faster, while larger investments or historic properties may require more time. Boxer Property supports clients throughout the process, from underwriting to closing, ensuring smooth negotiations and timely execution. Investors benefit from our expertise in Memphis’s market dynamics and property performance insights.

Yes, in some cases tenants can lease office space without a personal guarantee, especially through flexible coworking agreements or small suites. Traditional leases may still require guarantees, but Boxer Property provides alternative solutions, including turnkey offices with simplified contracts. These options appeal to startups and small businesses seeking reduced risk. Our team works with tenants to secure lease terms that align with their financial profile and growth stage.

Tenant improvement (TI) allowances in Memphis vary based on lease length, property type, and landlord negotiations. For Class A office space, allowances may range from $25 to $50 per square foot, while smaller spaces or retail storefronts may have lower packages. Boxer Property negotiates TI allowances to help tenants customize layouts, enhance branding, and upgrade functionality, ensuring businesses move into spaces tailored to their operational needs and long-term success.

Yes, commercial real estate in Memphis serves as a strong hedge against inflation in 2025. With rising demand for logistics properties, stable office tenants in healthcare, and growing suburban retail, rental income and property values typically keep pace with inflation. Boxer Property advises investors on leveraging long-term leases and value-add opportunities to protect portfolios. Memphis’s affordability compared to other Southeastern cities makes it an appealing market for inflation-resistant CRE investment.

Memphis offers a diverse range of commercial real estate, including Class A and B office buildings, retail storefronts, industrial warehouses, and mixed-use properties. With strong demand in distribution, logistics, healthcare, and professional services, businesses can find space across Downtown, East Memphis, and suburban submarkets. Boxer Property provides full-service leasing options to accommodate startups, corporate headquarters, and investors seeking properties with long-term growth potential in this dynamic market.

The Memphis Business District, centered in Downtown and East Memphis, is a prime location for companies seeking office space. Businesses can choose from Class A towers, flexible workspaces, and mid-rise buildings with modern amenities. Boxer Property offers office space with turnkey solutions, including furnished suites, on-site management, and flexible lease terms. This area attracts law firms, healthcare groups, financial services, and startups wanting proximity to government offices and cultural attractions.

Yes, Memphis offers commercial properties for sale across its submarkets, including office buildings, retail centers, and warehouses. Investors often target East Memphis for medical offices, Downtown for historic adaptive reuse properties, and the Airport Corridor for industrial warehouses. Boxer Property connects buyers with opportunities that align with their goals, offering guidance on cap rates, property performance, and value-add investments to help maximize returns in the Memphis CRE market.

Key neighborhoods for investment include Downtown Memphis for mixed-use and cultural-driven demand, East Memphis for professional services and healthcare, and the Airport Industrial Corridor for logistics properties. Midtown appeals to creative businesses and boutique retail, while Germantown provides strong suburban growth opportunities. Boxer Property helps investors identify areas with high occupancy, stable tenants, and strong appreciation potential, making Memphis one of the most attractive CRE markets in the Southeast.

Compared to Nashville or Little Rock, Memphis offers lower lease rates, a central location for logistics, and a strong healthcare-driven economy. While Nashville dominates entertainment and corporate relocations, Memphis excels in affordability and industrial opportunities. The city’s position as a transportation hub and home to FedEx makes it a powerhouse for warehouse and distribution space. Boxer Property provides insights to help tenants and investors leverage Memphis’s unique strengths.

Yes, Memphis is one of the top logistics hubs in the U.S., offering warehouses for lease near the Airport Corridor, I-40, and I-55. Tenants benefit from proximity to FedEx headquarters, rail access, and major interstates. Boxer Property offers industrial spaces with dock-high loading, flexible square footage, and competitive lease terms. Whether for regional distribution or e-commerce fulfillment, Memphis industrial space provides unmatched connectivity across the Southeast and beyond.

Memphis retail opportunities are strong in Midtown, Germantown, and East Memphis, with high foot traffic and suburban growth. Boxer Property provides retail storefronts in both urban and suburban centers, offering visibility, parking, and flexible space configurations. From boutique shops in Midtown to national brands in Germantown, businesses can thrive in locations tailored to their audience. Our retail leasing services make it easy to secure prime storefront opportunities in Memphis.

Yes, Memphis has growing demand for mixed-use properties, especially Downtown and Midtown, where historic buildings are converted into office, retail, and residential spaces. Boxer Property offers access to mixed-use leasing and purchase opportunities for investors and tenants seeking creative, multi-functional environments. These properties attract startups, hospitality operators, and retail tenants wanting vibrant, community-driven settings. Our team helps identify the right property to maximize both usability and long-term investment value.

Memphis submarkets offer a variety of office space options. Downtown provides historic Class A and B offices, East Memphis offers corporate hubs with medical and financial tenants, while Midtown caters to creative industries. Suburban areas like Germantown and Collierville feature small offices for growing businesses. Boxer Property ensures clients have access to full-service office solutions, including coworking, flexible leases, and turnkey workspaces across all Memphis submarkets.