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Industrial Property Near Memphis Airport
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1715 Cherokee Blvd, Memphis, TN

10,044 SF industrial building, fenced, near airport.

Space Size10,044 SF
Lot Size0.85 Acres
Days on Market1039

Property Features for 1715 Cherokee Blvd

General Information

Standard status Active
Size 10,044 SF
Lot size 0.85 Acres
Property subtype INDUSTRIAL
Lease Type NNN

Site & Location

Neighborhood Bellevue

Spaces For Lease

at 1715 Cherokee Blvd
1715 Cherokee Blvd $5.75/SF/Yr
Floor Bldg
Size 10,044 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- 10,044 SF - Office Space: 1,000 SF - .8 Acres - Fully Fenced with Electric Gates - Two Dock Doors - Three Grade Level Loading Docks - Located 5 miles from Memphis International Airport - Asking Rate $5.75 NNN - Annual Taxes and Insurance Estimated at $1.25 per foot - Available 3/1/24
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Listing Agency: NAI Saig Company - Memphis
Listed By: Brian Califf · License ##299669
Source: Moodyscre
Added: Dec 27, 2023 Changed: Oct 28 Last Checked: Oct 30 at 6:13PM

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 NAI Saig Company - Memphis

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 10,044 square foot industrial property includes 1,000 square feet of office space and sits on 0.8 acres. The property is fully fenced and features electric gates. Loading and unloading are facilitated by two dock doors and three grade-level loading docks. The property is located approximately 5 miles from Memphis International Airport, making it suitable for businesses requiring convenient access to air transportation. This property is suitable for owner/user investment.

Key Highlights

  • Located just 5 miles from Memphis International Airport
  • Fully fenced with electric gates
  • Features two dock doors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

nexAir Building Supply

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Hair Salon Big Box & Wholesale Store Building Supply

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
$0.86 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

267
Businesses Nearby
Balanced
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

This space is priced 54% below the average of $12.43 /SF/Yr.

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

Similar Off Market Nearby

  • FARRISVIEW INDUSTRIAL PARK — 2863 Farrisview Blvd, Memphis, TN 38118
  • U-Stor Self Storage — 1801 Prescott Rd, Memphis, TN 38111
  • Self-Storage at U-Haul — 3020 Lamar Ave, Memphis, TN 38114

Frequently Asked Questions

What type of property is this?
Warehouse - 10,044 SF industrial building, fenced, near airport.
Where is this warehouse located?
The property is located at 1715 Cherokee Blvd Memphis, TN.
What is the lease rate?
The lease rate is $5.75 SF/Yr.
What are key features of this property?
This property features: Located just 5 miles from Memphis International Airport; Fully fenced with electric gates; Features two dock doors
(901) 526-3100 · Office Call to check price and availability
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