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1635-1673 Panama St, Memphis, TN

Warehouses

Space Size95,296 SF
Lot Size3.03 Acres
Days on Market1284

Property Features for 1635-1673 Panama St

General Information

Standard status Active
Size 95,296 SF
Lot size 3.03 Acres
Property subtype INDUSTRIAL
Lease Type NNN

Spaces For Lease

at 1635-1673 Panama St
1635 - 1673 Panama St $2.75/SF/Yr
Floor Bldg
Size 95,296 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Lease rate $2.50 NNN plus $1.00 in opex - New Office Space Buildout - Sale Price: Undisclosed - 20' Ceiling Height - 50'x50' Column Spacing - 5 Dock Doors - Office Area - Close Proximity to I-40 - Current Renovations Include: Facade Improvements, - New Roof, New Truck Court, LED Lighting, and New - Dock Equipment
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Listing Agency: NAI Saig Company - Memphis
Listed By: Hamel (Hank) Martin
Source: Moodyscre
Added: Apr 10, 2023 Changed: Oct 9 Last Checked: Oct 12 at 8:01PM

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.

Key Highlights

  • New office space buildout provides a modern workspace.
  • 5 dock doors for efficient loading and unloading.
  • Close proximity to I‑40 offers convenient transportation access.

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Law Firm Restaurant Spa & Massage Center Hair Salon Building Supply Big Box & Wholesale Store

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

271
Businesses Nearby
Balanced
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Memphis, TN

$11.92 /SF/Yr
Avg Asking Price
$7.5–$21 /SF/Yr
Price Range
73,581 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
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Similar Off Market Nearby

  • Total Concept, LLC — 1324 Farmville Rd, Memphis, TN 38122
  • Bee Mini Storage — 3446 Jackson Ave, Memphis, TN 38122

Frequently Asked Questions

Where is this warehouse located?
The property is located at 1635-1673 Panama St Memphis, TN.
What are key features of this property?
This property features: New office space buildout provides a modern workspace.; 5 dock doors for efficient loading and unloading.; Close proximity to I‑40 offers convenient transportation access.
(901) 526-3100 Call to check price and availability
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