Marcus & Millichap

Home to FedEx, the Memphis metro covers eight counties in the states of Tennessee, Mississippi and Arkansas and covers 3,000 square miles.
27 Memphis Properties Available Now
Search Now

Featured Memphis Properties

CHECKERS DRIVE IN 15-YEAR ABSOLUTE NET (NNN) - Mou

Net Leased Restaurant

$2,125,933
Memphis, TN

CHECKERS DRIVE IN 15-YEAR ABSOLUTE NET (NNN) - Aus

Net Leased Restaurant

$1,915,765
Memphis, TN

CHECKERS DRIVE IN 15-YEAR ABSOLUTE NET (NNN) - Sou

Net Leased Restaurant

$1,198,037
Memphis, TN

CHECKERS DRIVE IN 15-YEAR ABSOLUTE NET (NNN) - Win

Net Leased Restaurant

$1,300,923
Memphis, TN

CHECKERS DRIVE IN 15-YEAR ABSOLUTE NET (NNN) - Lam

Net Leased Restaurant

$1,333,333
Memphis, TN
More

Memphis Research and Data

Tennessee Office Market Report

Expanding Tenants Shrink Vacancy Rates; Investors Eye Tennessee Office Assets Corporate...

Tennessee Multifamily Market Report

Vacancy Falls in Memphis and Knoxville While Owners Increase Concessions in Nashville Supply...

Mid South Hospitality Investment Forecast

Supply Flows Into the Mid South States; Investors Scour the Region for Hotels Flurry of hotel...

Memphis Self-Storage Research Market Report

Economic Trends Memphis employers in the professional and business services sector created...

Memphis

The Memphis metro contains more than 1.3 million residents in the Tennessee counties of Shelby, Fayette and Tipton, Crittenden County in Arkansas and Tate, DeSoto, Tunica and Marshall counties in Mississippi. Shelby is the most populated county with nearly 932,000 residents, nearly 65 percent of the metro's centralized location and favorable business climate; including a low tax structure and "right to work states," attracts companies to the region. Three Fortune 500 companies are located in Memphis, FedEx, Auto Zone and International Paper, as well as five Fortune 1000 corporations.

Distribution and logistics comprise a significant portion of the region’s economy due to its location and intermodal capabilities. Not only is it the headquarters and hub for FedEx, but UPS and USPS also have major operations here. In addition, more than 400 trucking firms operate out of the area, including Swift Transportation, YRC Worldwide and Schneider National. Technicolor and Nike are among the many companies that have major distribution facilities located in the region employing thousands of workers. Nike has three local facilities that provide the company’s major retail distribution for North America. The company recently announced a $301 million expansion of their Northridge facility, and a $25 million upgrade of their building on Shelby Drive. The International Port of Memphis is also a large component of the distribution hub. The port has a $6.7 billion impact on the local economy.

Other industries being promoted by local officials are manufacturing; music, film and tourism; and international business.

The Mississippi River runs through the Memphis MSA forming the border between Tennessee and Arkansas. Other rivers flowing through the region include the Looseahatchie, Coldwater, Hatchie and Wolf. The region is situated over four natural aquifers.