Fenced Flex Space with
New
For Lease
$8,000/Mo
1588 Ragan St, Memphis, TN 38106
Flex facility combining warehouse, office, and covered storage areas with secured outdoor space for operational needs.
Space SizeContact for details
Days on Market2
Property Features for 1588 Ragan St
General Information
Standard status
Active
Property subtype
Industrial
Listing Agency:
Memphis
(901) 312-4911
Listed By:
Henry Robinson
(901) 312-4911
Source:
Colliers
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 21 at 8:15AM
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 flex property at 1588 Ragan Street in Memphis includes an 8,000± square foot building arranged with a 6,400± square foot warehouse and 1,600± square feet of office space. An additional 7,130 square feet of covered storage supports storage-intensive operations, while the 14-foot ceilings and six drive-in doors measuring 12’ x 12’ provide functional access for equipment and materials.
The property occupies 4.99± acres and is fully fenced, with outdoor capacity identified for storage and trailer parking. I-H zoning is in place, and the site offers a combination of enclosed building area, office space, covered storage, and secured yard area within Memphis, Tennessee.
The property occupies 4.99± acres and is fully fenced, with outdoor capacity identified for storage and trailer parking. I-H zoning is in place, and the site offers a combination of enclosed building area, office space, covered storage, and secured yard area within Memphis, Tennessee.
Key Highlights
- 8,000± square foot flex building on 4.99± acres
- 6,400± square foot warehouse plus 1,600± square feet of office space
- 7,130 square feet of covered storage
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
176
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 38106, TN
22,394
Population
11,630
Households
1.9
Avg Household Size
41
Median Age
12%
College-Educated
83%
High-School Grad
10.4 sq mi
ZIP Area
2,153
Density / Sq Mi
$29,818
Median Household Income
$30,101
Median Earnings
$915
Median Rent
$66,400
Median Home Value
Market
Lease Benchmarks for Memphis, TN
$10.84 /SF/Yr
Avg Asking Price
$7.5–$13.93 /SF/Yr
Price Range
21,748 SF
Avg Space Size
This space is priced 11% above the average of $10.84 /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?
Flex space - Flex facility combining warehouse, office, and covered storage areas with secured outdoor space for operational needs.
Where is this flex space located?
The property is located at 1588 Ragan St Memphis, TN.
What is the lease rate?
The lease rate is $8,000/Mo.
What are key features of this property?
This property features: 8,000± square foot flex building on 4.99± acres; 6,400± square foot warehouse plus 1,600± square feet of office space; 7,130 square feet of covered storage
