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

Listed By: Jacque Beeson · License #S-51059 Show Phone

Source: Cbre

Added: Apr 15 Changed: Jul 10 Last Checked: Aug 12 at 6:01AM

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Investment Insights

Based on property information with market context.

Approximately 151,400 square feet of industrial space is available for lease. The property features clear heights ranging from 16 feet 6 inches to 24 feet 6 inches. It includes 7,920 square feet of office space, four dock doors, and one grade-level door. The building is equipped with a wet sprinkler system and T-5 lighting.

Key Highlights

• Approximately 151,400 SF available for lease
• 16'6" - 24' 6" clear heights offer versatile storage solutions
• Features four (4) dock doors for efficient loading and unloading

Property Analytics

Property Profile

Current Use

Manitowoc Food Service Warehouse & Storage

Suggested Use

Top Pick Real Estate Agency Building Supply Garden Center (Bike/Boat/Book/etc) Store HVAC Service Big Box & Wholesale Store

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

124

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 38019, TN

15,129

Population

6,543

Households

2.3

Avg Household Size

40

Median Age

15%

College-Educated

88%

High-School Grad

140.6 sq mi

ZIP Area

108

Density / Sq Mi

$59,957

Median Household Income

$38,118

Median Earnings

$912

Median Rent

$195,400

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Warehouse - 151,400 SF industrial space available for lease.

Where is this warehouse located?

The property is located at 1111 Hope Street Covington, TN.

What are key features of this property?

This property features: Approximately 151,400 SF available for lease; 16'6" - 24' 6" clear heights offer versatile storage solutions; Features four (4) dock doors for efficient loading and unloading