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Industrial Warehouse with Dock Doors
For Lease
$45,000

3278 Democrat Rd, Memphis, TN 38118

45,000± SF industrial facility offers 9 dock high doors, 24’ clear height, and a wet sprinkler system.

Space SizeContact for details
Days on Market116

Property Features for 3278 Democrat Rd

General Information

Standard status Active
Property subtype Industrial

Warehouse & Industrial

Clear Height 24 ft
Dock-High Doors 9
Heavy Power Yes
Sprinkler System Yes

Additional Details

Highway Access Yes
Listing Agency: Memphis
Listed By: Elliot Embry
Source: Colliers
Added: May 16 Changed: Aug 16 Last Checked: Sep 8 at 3:28AM

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 Memphis

Investment Insights

Based on property information with market context.

This industrial warehouse totals 45,000± square feet and is constructed with concrete tilt. The facility includes a wet sprinkler system, security lights, and 3-phase electrical service, with front load docks and 49’ x 49’ column spacing.

The lease space features 9 dock high doors and 24’ clear height, along with a 2,373 square foot office. The building is located in the Democrat Square Industrial Park in Memphis, Tennessee, next to the FedEx World Hub, with close proximity to Memphis International Airport and access to I-40, I-240, I-55, and I-22.

Key Highlights

  • 45,000± SF industrial space available for lease in the Democrat Square Industrial Park (Southeast Submarket of Memphis, TN).
  • Lease space includes 9 dock high doors and 24’ clear height.
  • Concrete‑tilt construction with a wet sprinkler system and security lights.

Property Analytics

Current Use

Lanter Distributing Distribution Center Tristate Used Tire ... Auto Parts Store

Suggested Use

Top Pick Real Estate Agency Pharmacy Law Firm Nail Salon Garden Center Furniture & Home Goods

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

24 ft
Clear height
9
Dock-high doors
Yes
Heavy power
Yes
Sprinkler system
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

293
Businesses Nearby
Well-served
Demand for This Use

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

$10.74 /SF/Yr
Avg Asking Price
$7.5–$12 /SF/Yr
Price Range
64,719 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
Rey
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Similar Off Market Nearby

  • North American Van Lines 3264 Democrat Rd #5a, Memphis, TN 38118
  • Interstate Drop Yard 3520 Lamar Ave, Memphis, TN 38118
  • Closetbox 3264 democrat rd #5, memphis, tn 38118
  • FARRISVIEW INDUSTRIAL PARK 2863 Farrisview Blvd, Memphis, TN 38118

Frequently Asked Questions

What type of property is this?
Warehouse - 45,000± SF industrial facility offers 9 dock high doors, 24’ clear height, and a wet sprinkler system.
Where is this warehouse located?
The property is located at 3278 Democrat Rd Memphis, TN.
What is the lease rate?
The lease rate is $45,000.
What are key features of this property?
This property features: 45,000± SF industrial space available for lease in the Democrat Square Industrial Park (Southeast Submarket of Memphis, TN).; Lease space includes 9 dock high doors and 24’ clear height.; Concrete‑tilt construction with a wet sprinkler system and security lights.
More about this property
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