Two-Space Industrial
For Lease
Contact for pricing
1562-1600 Two Place, Memphis, TN 38116
Industrial space is available with NNN lease terms near major transportation routes.
Space Size3,750 SF - 29,420 SF
Property Size68,040 SF
Days on Market193
Property Features for 1562-1600 Two Place
General Information
Standard status
Active
Size
3,750 SF - 29,420 SF
Property subtype
Industrial
Lease Type
NNN
Lease Terms
Lease Rate
$5.80 /USD/SF/YR
Rent per SF/Year
$5.80
CAM
$2.77 /USD/SF/YR
Additional Details
Space Use
Industrial
Highway Access
Yes
Building Details
Building Size
68,040 SF
Year Built
1977
Spaces For Lease
at 1562-1600 Two Place Contact us- Size
- 3,750 SF
- Lease Type
- NNN
1572 Two Place
- Size
- 29,420 SF
- Lease Type
- NNN
1576-1584 Two Place
Listing Agency:
NAI | Saig Company
(901) 526-3100
Listed By:
Brian Califf · License ##299669
(901) 526-3100
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 29
Last Checked: Aug 29 at 1:52PM
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 NAI | Saig Company
Investment Insights
Based on property information with market context.
This industrial property comprises two spaces available for lease at 1562-1600 Two Place. The improvements date to 1977, providing an established industrial setting for occupants seeking functional commercial space.
The property is positioned in Memphis’s Southwest Industrial Submarket, with access to Hwy 51, I-55, I-240, and I-40. Memphis International Airport is within two miles, adding proximity to regional air cargo and transportation infrastructure. Lease terms are structured as NNN.
The property is positioned in Memphis’s Southwest Industrial Submarket, with access to Hwy 51, I-55, I-240, and I-40. Memphis International Airport is within two miles, adding proximity to regional air cargo and transportation infrastructure. Lease terms are structured as NNN.
Key Highlights
- Two industrial spaces available for lease
- NNN lease structure
- 1977 construction
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
Explore this area
Business Placement
Demographics for 38116, TN
39,107
Population
18,526
Households
2.1
Avg Household Size
35
Median Age
21%
College-Educated
88%
High-School Grad
19.6 sq mi
ZIP Area
1,995
Density / Sq Mi
$44,663
Median Household Income
$31,593
Median Earnings
$1,035
Median Rent
$125,800
Median Home Value
Market
Lease Benchmarks for Memphis, TN
$11.01 /SF/Yr
Avg Asking Price
$7.5–$13.93 /SF/Yr
Price Range
66,606 SF
Avg Space Size
This space is priced 47% below the average of $11.01 /SF/Yr.
Vacancy Rate% for Industrial in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Industrial space is available with NNN lease terms near major transportation routes.
Where is this industrial property located?
The property is located at 1562-1600 Two Place Memphis, TN.
What are key features of this property?
This property features: Two industrial spaces available for lease; NNN lease structure; 1977 construction
