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Industrial Flex Park Buildings
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3615 S Goodlett St, Memphis, TN 38118

Industrial flex park with 14-foot clear ceilings, dock high and grade level doors, and multiple buildings built in 1984 and 1989.

Space Size2,200 SF
Days on Market850

Property Features for 3615 S Goodlett St

General Information

Standard status Active
Size 2,200 SF
Property subtype INDUSTRIAL
Lease Type Modified Gross

Spaces For Lease

at 3615 S Goodlett St Contact us

3615 S Goodlett St $7.63/SF/Yr

Floor
1
Size
2,200 SF
Type
INDUSTRIAL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Three building industrial/flex park. Buildings built in 1984 and 1989. 14‘ clear...
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Listing Agency: NAI Saig Company - Memphis
Listed By: Brian Califf · License ##299669
Source: Moodyscre
Added: May 17, 2024 Changed: Aug 14 Last Checked: Sep 12 at 5:57AM

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

Investment Insights

Based on property information with market context.

This industrial and flex park features three buildings constructed in 1984 and 1989, offering 14-foot clear ceiling heights. Depending on the space, users will have access to both dock high and grade level doors.

The property is located at the corner of Lamar and Goodlett in Memphis, with quick access to Memphis International Airport and I-240.

The existing industrial/flex configuration is suited for a range of light industrial and distribution-style requirements where dock high and drive-up access can be beneficial.

Key Highlights

  • Three‑building industrial/flex park with buildings built in 1984 and 1989
  • 14' clear ceiling height throughout the park
  • Some spaces include both dock high and grade level doors

Property Analytics

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Current Use

Digital Documents Marketing & Advertising Power Cleaning Solutions ... (Bike/Boat/Book/etc) Store McCracken Furniture Repair, ... Renovation Specialist American Expediting Courier Service

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Garden Center Skin Care Clinic Pharmacy

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
$1.14 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby
Under-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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Memphis, TN

$10.78 /SF/Yr
Avg Asking Price
$7.5–$13.93 /SF/Yr
Price Range
21,107 SF
Avg Space Size

This space is priced 29% below the average of $10.78 /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
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - Industrial flex park with 14-foot clear ceilings, dock high and grade level doors, and multiple buildings built in 1984 and 1989.
Where is this flex space located?
The property is located at 3615 S Goodlett St Memphis, TN.
What is the lease rate?
The lease rate is $7.63 SF/Yr.
What are key features of this property?
This property features: Three‑building industrial/flex park with buildings built in 1984 and 1989; 14' clear ceiling height throughout the park; Some spaces include both dock high and grade level doors
(901) 526-3100 Call to check price and availability
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