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Industrial Flex Space with Outdoor Storage
For Lease
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247 E Bodley Ave, Memphis, TN 38109

Lease opportunity combining an office-shop component with secured outdoor storage in a Light Industrial setting.

Space Size2,500 SF
Days on Market202

Property Features for 247 E Bodley Ave

General Information

Standard status Active
Size 2,500 SF
Property subtype INDUSTRIAL

Spaces For Lease

at 247 E Bodley Ave Contact us

247 E Bodley Ave

Floor
Bldg
Size
2,500 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Colliers is pleased to present this five-acre, industrial property at 247 East...
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Listing Agency: Colliers | Memphis
Listed By: Alex Stringfellow · License #323815
Source: Moodyscre
Added: Feb 9 Changed: Aug 29 Last Checked: Jul 27 at 7:25AM

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 Colliers | Memphis

Investment Insights

Based on property information with market context.

This lease offering combines a 2,500-square-foot office and shop building with outdoor space suited to trailer or container parking. The property carries a Light Industrial zoning designation and includes recently installed fencing, an electric gate, and light poles, supporting controlled access and illuminated site operations.

The property is positioned in Memphis’s southwest industrial submarket, approximately one minute from Highway 61 and five minutes from I-55 and I-240. Its combination of enclosed office-shop space and outdoor storage capacity supports businesses needing both workspace and room for larger equipment or containers.

Key Highlights

  • 2,500 SF office/shop space
  • Light Industrial zoning designation
  • Outdoor storage opportunity for trailers or containers

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Law Firm Building Supply Restaurant Spa & Massage Center Hair 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

198
Businesses Nearby
Under-served
Demand for This Use

Demographics for 38109, TN

42,437
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
59.7 sq mi
ZIP Area
711
Density / Sq Mi
$36,934
Median Household Income
$30,780
Median Earnings
$1,000
Median Rent
$76,600
Median Home Value

Market

Lease Benchmarks for Memphis, TN

$11.01 /SF/Yr
Avg Asking Price
$7.5–$13.93 /SF/Yr
Price Range
21,437 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Lease opportunity combining an office-shop component with secured outdoor storage in a Light Industrial setting.
Where is this flex space located?
The property is located at 247 E Bodley Ave Memphis, TN.
What are key features of this property?
This property features: 2,500 SF office/shop space; Light Industrial zoning designation; Outdoor storage opportunity for trailers or containers
(901) 489-3363 Call to check price and availability
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