Flex Industrial Building with
For Sale
$1,499,000
6735 WHITTEN Pl, Memphis, TN 38133
COMMERCIAL - Memphis, TN
Property Size13,455 SF
Lot Size0.71 Acres
Price / SF$111.41
Days on Market169
Property Features for 6735 WHITTEN Pl
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Hillshire Executive Park Phase 2
Standard status
Active
Lot size
0.71 Acres
Taxes and HOA fees
Tax Annual Amount
11600
Building Details
Year built
1984
Listing Agency:
BHHS McLemore & Co. Realty · Real Living
(901) 701-7555
Listed By:
Riley Reed
(901) 487-6861
Added: Feb 11
Changed: Jun 9
Last Checked: Jul 30 at 10:06PM
MLS# 10214370
Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial flex/industrial property includes a 13,455+/- square foot building on approximately 0.712 acres. The space combines about 3,600+/- square feet of office with open, adaptable areas that can support warehouse, production, training, or other flexible industrial use. Operational features include dual 277V 3-phase power feeds, dual gas feeds with separate meters, and LED lighting throughout. For loading and vehicle access, the building has two roll-up drive-in doors.
The property is located at 6735 Whitten Pl in Memphis and sits with convenient access to I-40 and Whitten Road. It is positioned within the East Memphis/Cordova corridor. The site is zoned EMP (Employment District), which permits a range of business, office, and light industrial uses.
For tenants, buyers, or operators seeking a single facility that can combine administration and flexible production or storage, this layout offers a practical split between office space and open industrial area. With the drive-in doors and multi-utility support, the property can accommodate a variety of light industrial, distribution, or service-oriented operations within the EMP zoning framework.
The property is located at 6735 Whitten Pl in Memphis and sits with convenient access to I-40 and Whitten Road. It is positioned within the East Memphis/Cordova corridor. The site is zoned EMP (Employment District), which permits a range of business, office, and light industrial uses.
For tenants, buyers, or operators seeking a single facility that can combine administration and flexible production or storage, this layout offers a practical split between office space and open industrial area. With the drive-in doors and multi-utility support, the property can accommodate a variety of light industrial, distribution, or service-oriented operations within the EMP zoning framework.
Key Highlights
- 13,455+/- SF commercial/industrial building on approximately 0.712 acres at 6735 Whitten Place, Memphis, TN
- Zoned EMP (Employment District) for a range of business, office, and light industrial uses
- Dual 277V 3‑phase power feeds and dual gas feeds with separate meters for flexible operations
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $214.7k | $15.96 |
| − Vacancy | −$19.3k | −$1.44 |
| EGI | $195.4k | $14.52 |
| − OpEx | −$58.6k | −$4.36 |
| NOI | $136.8k | $10.17 |
13,455 SF · lease $15.96/SF/yr · vacancy 9.00% · expense 30.00%
Alternative Uses
Best Use
Office B
$2.94M
$2.57M – $3.43M
NOI $205,862 @ 7.0% cap · market cap 13.73%
Second Best
Warehouse
$2.37M
$2.08M – $2.77M
NOI $166,103 @ 7.0% cap · market cap 11.08%
Theoretical Best
Office A
$3.98M
$3.48M – $4.64M
NOI $278,357 @ 7.0% cap · market cap 18.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
347
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 38133, TN
22,482
Population
8,336
Households
2.7
Avg Household Size
37
Median Age
33%
College-Educated
91%
High-School Grad
13.0 sq mi
ZIP Area
1,729
Density / Sq Mi
$82,485
Median Household Income
$46,522
Median Earnings
$1,449
Median Rent
$234,800
Median Home Value
Market
Properties on Market for Flex space in Shelby County
Vacancy Rate% for Office in Memphis, TN
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Just In Thyme — 6415 US-70 #102, Memphis, TN 38134
- Rodney Shelton Catering — 6860 Hillshire Dr #16, Memphis, TN 38133
Frequently Asked Questions
What type of property is this?
Flex space - Office-equipped flex building with dual 277V 3-phase power and two drive-in doors for warehouse and light industrial uses.
Where is this flex space located?
The property is located at 6735 WHITTEN Pl Memphis, TN.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 13,455+/- SF commercial/industrial building on approximately 0.712 acres at 6735 Whitten Place, Memphis, TN; Zoned EMP (Employment District) for a range of business, office, and light industrial uses; Dual 277V 3‑phase power feeds and dual gas feeds with separate meters for flexible operations
