Memphis Warehouse Space
For Lease
Contact for pricing
5625 Challenge Dr, Memphis, TN 38115
Large warehouse space for rent in Memphis, Tennessee.
Space Size461,573 SF
Days on Market881
Property Features for 5625 Challenge Dr
General Information
Standard status
Active
Size
461,573 SF
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
The Power Center Cdc
Spaces For Lease
at 5625 Challenge Dr
MDC Building K
AVAILABLE, Now
Floor
1
Size
461,573 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Lease Type
NNN
Sublease
No
- 461,573 SF Available
- Office - 3,443 SF
- 32' Clear Height
- ±65 dock doors (expandable) (47 with pit levelers)
- 2 drive-in doors
- Trailer parking - 42
- Auto parking ±130
- 50’ x 50’ column spacing
- ESFR sprinkler
Contact us
Listing Agency:
CBRE | Memphis
(901) 528-1000
Listed By:
Patrick Walton · License #309706
(901) 481-7270
Source:
Moodyscre
Added: May 27, 2024
Changed: Oct 22
Last Checked: Oct 23 at 8:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Memphis
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Investment Insights
Based on property information with market context.
Located in the Southeast submarket of Memphis, Tennessee, this property offers 461,573 square feet of warehouse space. It is suitable for warehouse, industrial, and distribution purposes.
Key Highlights
- Located in the Memphis, TN Southeast Submarket
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 38115, TN
40,076
Population
19,179
Households
2.1
Avg Household Size
30
Median Age
14%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
4,660
Density / Sq Mi
$42,931
Median Household Income
$32,997
Median Earnings
$1,129
Median Rent
$129,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Memphis, TN
$12.43 /SF/Yr
Avg Asking Price
$7.5–$21 /SF/Yr
Price Range
74,125 SF
Avg Space Size
Vacancy Rate% for Industrial in Memphis, TN
Similar Off Market Nearby
- Guardian Moving Systems — 4226 Clarke Rd, Memphis, TN 38141
- Self Storage — 6025 Winchester Rd, Memphis, TN 38115
Frequently Asked Questions
What type of property is this?
Warehouse - Large warehouse space for rent in Memphis, Tennessee.
Where is this warehouse located?
The property is located at 5625 Challenge Dr Memphis, TN.
What are key features of this property?
This property features: Located in the Memphis, TN Southeast Submarket
