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Class A Office Building with Loading Pads
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1840 Pyramid Pl, Memphis, TN 38132

Built in 2004, this six-floor Class A office property includes two truck loading pads and campus-style operations.

Space Size238 SF
Days on Market49

Property Features for 1840 Pyramid Pl

General Information

Standard status Active
Size 238 SF
Class A
Property subtype OFFICE
Lease Type Full Service

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Opportunity Zone Yes

Amenities

truck loading pads
Advanced Manufacturing Technology/Testing Center
IT Service Center
Maintenance Shop
cafeteria
auditorium
concept machine shop
air compressor system
emergency power (300kW diesel generator)
secured gated parking deck

Building Details

Year Built 2004
Stories 6

Spaces For Lease

at 1840 Pyramid Pl Contact us

1810 Pyramid Place $18 – $20/SF/Yr

Floor
2
Size
238 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE
Window office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
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Listing Agency: Boxer Property Management Company - Houston
Listed By: Kellie Bunyi
Source: Moodyscre
Added: Jul 24 Changed: Sep 2 Last Checked: Sep 9 at 11:39AM

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 Boxer Property Management Company - Houston

Investment Insights

Based on property information with market context.

1840 Pyramid Place is a 2004-built, Class A office property within a three-building office campus. The building consists of six floors and features two truck loading pads. On-site improvements include an advanced manufacturing technology/testing center, an IT service center, a maintenance shop, a 9,040 SF cafeteria, an auditorium, and a concept machine shop, along with an air compressor system supporting first-floor labs.

The property is described as located in an opportunity zone and within Memphis’ Nonconnah Business Park, with access to multiple transportation networks including I-240, I-40, I-55, and I-69. Emergency power includes a 300kW diesel generator on the northwest corner of the property, providing redundant power for a data center in Building 2 and serving main emergency power needs for Building 1 emergency lighting, cafeteria equipment, elevators, data closets, and the guard house. Parking is provided in a secured and gated parking deck.

Nearby corporate neighbors and amenities are referenced in the remarks, including Medtronic, Compass Labs, Preferred Medical, restaurants, shopping, hotels, and banks.

Key Highlights

  • 127,075 SF Class A office building built in 2004 with six floors
  • Office campus includes an advanced manufacturing technology/testing center and an IT service center
  • Two truck loading pads plus maintenance shop and concept machine shop

Property Analytics

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Current Use

The ProLift Rigging Company ... Construction Company ATS Transport LLC Freight Service Mz. Classy's Boutique ... Marketing & Advertising Universal Supportive Care Home Health Care Service CoactionNet IT Consulting Firm

Suggested Use

Top Pick Dental Office Real Estate Agency Restaurant Kitchen & Bath Showroom Storage Facility HVAC Service

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

426
Businesses Nearby

Demographics for 38132, TN

55
Population
13
Households
4.2
Avg Household Size
34
Median Age
46%
High-School Grad
0.8 sq mi
ZIP Area
69
Density / Sq Mi
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Memphis, TN

$19.89 /SF/Yr
Avg Asking Price
$12.6–$24 /SF/Yr
Price Range
21,838 SF
Avg Space Size

This space is priced 9% below the average of $19.89 /SF/Yr.

Vacancy Rate% for Office in Memphis, TN

14.6% 2019
15% 2020
16.8% 2021
16.2% 2022
17.3% 2023
16.7% 2024
17.6% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Built in 2004, this six-floor Class A office property includes two truck loading pads and campus-style operations.
Where is this office building located?
The property is located at 1840 Pyramid Pl Memphis, TN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 127,075 SF Class A office building built in 2004 with six floors; Office campus includes an advanced manufacturing technology/testing center and an IT service center; Two truck loading pads plus maintenance shop and concept machine shop
(713) 489-1538 Call to check price and availability
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