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

Listed By: Stephanie Allen · License #S-51059 Show Phone

Source: Cbre

Added: Mar 25 Changed: Jul 6 Last Checked: Aug 12 at 8:59AM

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Investment Insights

Based on property information with market context.

This property offers 3,750 square feet of industrial flex space. It is located on Appling Farms Parkway in Memphis, Tennessee.

Key Highlights

• Industrial flex space

Property Analytics

Property Profile

Current Use

Pathway Precision Manufacturing Industrial Manufacturer US Med-Equip Production Facility LB Technology, Inc Telecommunications Service Metal Supermarkets Memphis Factory

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Storage Facility Spa & Massage Center Skin Care Clinic

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

196

Businesses Nearby

Balanced

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

Lease Benchmarks for Memphis, TN

$10.61 /SF/Yr

Avg Asking Price

$7.5–$13.93 /SF/Yr

Price Range

18,021 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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - 3,750 sqft industrial flex space for lease.

Where is this flex space located?

The property is located at 6991 Appling Farms Parkway Memphis, TN.

What are key features of this property?

This property features: Industrial flex space