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Truck Terminal with Extensive Parking
For Lease
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1240 Louisiana St, Memphis, TN 38106

Truck terminal with dock doors and trailer parking available for lease.

Space Size9,779 SF
Lot Size15.83 Acres
Days on Market118

Property Features for 1240 Louisiana St

General Information

Standard status Active
Size 9,779 SF
Lot size 15.83 Acres
Property subtype INDUSTRIAL

Spaces For Lease

at 1240 Louisiana St Contact us

Building B2

Floor
Bldg
Size
9,779 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Colliers presents this property at 185 West McClemore Avenue (PROPERTY B1), which...
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Listing Agency: Colliers | Memphis
Listed By: Elliot Embry · License #322347
Source: Moodyscre
Added: May 6 Changed: Aug 23 Last Checked: Aug 30 at 11:52PM

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 Colliers | Memphis

Investment Insights

Based on property information with market context.

The property at 1240 Louisiana St, Memphis, TN 38106, also known as PROPERTY B2, features a 9,779 square foot shop/office and 158 trailer parks on 4.85 acres. It is contiguous to another property at 215 West McLemore Avenue (PROPERTY A), which includes 136 trailer parks and a 3,600 square foot, 3-bay shop on 4.89 acres. Additionally, it is contiguous to the property at 185 West McClemore Avenue (PROPERTY B1), a truck terminal with 77 dock doors and 30 trailer parks. Renovated in 2021-2022, PROPERTY B1 has a 31,689 square foot terminal on 6.09 acres. Combined, the three properties total 15.83 acres and feature a 31,698 square foot terminal, 77 dock doors, and up to 324 trailer parks. The location provides direct access to I-55 and easy access to I-40, making it a prime logistics location within 15 miles of five Class 1 railroads. The property is available for sale or lease.

Key Highlights

  • Prime logistics location with direct access to I‑55 and easy access to I‑40.
  • Potential for up to 324 trailer parks across all three contiguous properties.
  • Truck terminal with 77 dock doors.

Property Analytics

Current Use

Truck terminals

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Hair Salon Pharmacy 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

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby

Demographics for 38106, TN

22,394
Population
11,630
Households
1.9
Avg Household Size
41
Median Age
12%
College-Educated
83%
High-School Grad
10.4 sq mi
ZIP Area
2,153
Density / Sq Mi
$29,818
Median Household Income
$30,101
Median Earnings
$915
Median Rent
$66,400
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Truck terminal - Truck terminal with dock doors and trailer parking available for lease.
Where is this truck terminal located?
The property is located at 1240 Louisiana St Memphis, TN.
What are key features of this property?
This property features: Prime logistics location with direct access to I‑55 and easy access to I‑40.; Potential for up to 324 trailer parks across all three contiguous properties.; Truck terminal with **77 dock doors**.
(901) 634-2583 Call to check price and availability
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