Listing Agency: CBRE - Memphis p***@cbre.com Show Phone

Listed By: Patrick Walton · License #309706 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 22 Last Checked: Aug 29 at 7:02AM

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Investment Insights

Based on property information with market context.

This industrial property, encompassing 31,024 square feet, is situated directly north of Highway 78 within Corporate Park. The property is suitable for warehouse use.

Key Highlights

• Located directly north of Hwy 78
• Located in Corporate Park

Property Analytics

Property Profile

Current Use

USCutter Big Box & Wholesale Store All American Label (Bike/Boat/Book/etc) Store Selltopia Llc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Pharmacy Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

492

Businesses Nearby

Explore this area Business Placement

Demographics for 38118, TN

39,627

Population

16,317

Households

2.4

Avg Household Size

32

Median Age

12%

College-Educated

79%

High-School Grad

30.5 sq mi

ZIP Area

1,299

Density / Sq Mi

$42,464

Median Household Income

$30,431

Median Earnings

$1,105

Median Rent

$95,700

Median Home Value

Market

Lease Benchmarks for Memphis, TN

$11.01 /SF/Yr

Avg Asking Price

$7.5–$13.93 /SF/Yr

Price Range

66,606 SF

Avg Space Size

Vacancy Rate% for Industrial in Memphis, TN

5.5% 2019

6.3% 2020

4.8% 2021

4.5% 2022

7.4% 2023

8.8% 2024

8.5% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Industrial property - Industrial property available for rent, located near Highway 78.

Where is this industrial property located?

The property is located at 3696 Knight Road Memphis, TN.

What are key features of this property?

This property features: Located directly north of Hwy 78; Located in Corporate Park