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Industrial Flex Facility with Office
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3225 Sharpe Ave, Memphis, TN 38111

Three-building industrial flex site includes office space, a warehouse with drive-in doors, and fenced outdoor storage.

Property Size11,361 SF
Lot Size1.61 Acres
Days on Market52

Property Features for 3225 Sharpe Ave

General Information

Standard status Active
Size 11,361 SF
Lot size 1.61 Acres
Property subtype Industrial

Site & Location

Highway Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Additional Details

Drive-In Doors 6
Listing Agency: Memphis
Listed By: Preston Thomas · License #258155
Source: Colliers
Added: Jul 24 Changed: Aug 14 Last Checked: Sep 12 at 3:26AM

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.

3225 Sharpe Avenue is a versatile industrial flex property built for an owner-user, combining office, warehouse, and outdoor storage in a fully fenced setting. The offering totals 11,361 SF across three buildings, including a 7,000 SF office building plus two smaller warehouse/office structures. One warehouse includes six drive-in doors and wash bays, while the remaining warehouse/office building provides additional flex space.

The property sits on a 1.61-acre site with two points of ingress/egress and ample parking. It also provides immediate access to Lamar Avenue (US Hwy 78) and I-240.

This configuration supports secure storage and straightforward operational flow for industrial and service-oriented tenants seeking both office and warehouse space on the same site.

Key Highlights

  • 1.61‑acre fully fenced industrial site in Memphis Southeast Industrial submarket
  • 11,361 SF across three buildings: 7,000 SF office, 3,161 SF warehouse, and 1,200 SF warehouse/office
  • 3,161 SF warehouse includes six drive‑in doors and wash bays

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Big Box & Wholesale Store Hair Salon Building Supply

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

6
Drive-in doors
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

276
Businesses Nearby
Under-served
Demand for This Use

Demographics for 38111, TN

40,533
Population
20,084
Households
2
Avg Household Size
34
Median Age
38%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
4,136
Density / Sq Mi
$52,806
Median Household Income
$33,449
Median Earnings
$1,077
Median Rent
$165,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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

  • Delta Delights by Beasley LLC 3300 Parker Ave, Memphis, TN 38111

Frequently Asked Questions

What type of property is this?
Flex space - Three-building industrial flex site includes office space, a warehouse with drive-in doors, and fenced outdoor storage.
Where is this flex space located?
The property is located at 3225 Sharpe Ave Memphis, TN.
What are key features of this property?
This property features: 1.61‑acre fully fenced industrial site in Memphis Southeast Industrial submarket; 11,361 SF across three buildings: 7,000 SF office, 3,161 SF warehouse, and 1,200 SF warehouse/office; 3,161 SF warehouse includes six drive‑in doors and wash bays
More about this property
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