Spaces For Lease

at 3495 Lamar Ave Contact us

3495 Lamar Ave $3.50/SF/Yr

Floor

Bldg

Size

107,000 SF

Type

INDUSTRIAL

Lease Type

MODIFIED_GROSS

Availability

AVAILABLE, Now

Sublease

No

- $3.50 MG per SF - 6.56 acres +/- - Warehouse Area consists of approx. 80,000 feet -... Office/Lab Area consists of approx. 27,000 feet - Office could easily be demolished to add more warehouse space - 100% conditioned, 16' ceiling height, 160 total parking spaces (125 fenced and gated), 1,600 amps of power, 40 hp compressor - Crossdocked with 16 covered docks - Located 1/10th of a mile from the Amazon delivery station on Pearson Rd - One 30-ton unit, five 15-ton units, three 8.5-ton units, and one 7.5 ton units

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Listing Agency: NAI Saig Company - Memphis

Listed By: Brian Califf · License ##299669 Show Phone

Source: Moodyscre

Added: Jul 25, 2023 Changed: Aug 14 Last Checked: Sep 12 at 6:04AM

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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 conditioned industrial facility includes approximately 80,000 square feet of warehouse area and about 27,000 square feet of office/lab space. The building features 16' ceiling height, 16 covered docks, and crossdocked operations. Parking totals 160 spaces, including 125 fenced and gated spaces. Power and building support include 1,600 amps and a 40 hp compressor. The facility also has one 30-ton unit, five 15-ton units, three 8.5-ton units, and one 7.5 ton unit.

The property is located at 3495 Lamar Ave in Memphis, TN, about 1/10th of a mile from an Amazon delivery station on Pearson Rd. With warehouse/flex configuration and the note that office space could be demolished to add warehouse area, the layout may support tenant needs that prioritize distribution and dock capacity. The total site is approximately 6.56 acres (+/-).

Key Highlights

• Crossdocked warehouse with 16 covered docks
• 6.56 acres +/-, with approx. 80,000 SF warehouse area and approx. 27,000 SF office/lab area
• 100% conditioned space with 16' ceiling height

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Pharmacy Nail Salon

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

247

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this warehouses 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?

Warehouse - Crossdocked warehouse with 16 covered docks, conditioned space, 16' ceilings, and fenced, gated parking.

Where is this warehouse located?

The property is located at 3495 Lamar Ave Memphis, TN.

What are key features of this property?

This property features: Crossdocked warehouse with 16 covered docks; 6.56 acres +/-, with approx. 80,000 SF warehouse area and approx. 27,000 SF office/lab area; 100% conditioned space with 16' ceiling height