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Memphis Warehouse Near Highway 78
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3268 Democrat Road, Memphis, TN 38118

Warehouse with high visibility and excellent access to major highways.

Space SizeContact for details
Days on Market275

Property Features for 3268 Democrat Road

General Information

Standard status Active
Property subtype Industrial
Listing Agency: CBRE | Memphis
Listed By: Patrick Walton · License #309706
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 20 Last Checked: Aug 24 at 1:40PM

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 CBRE | Memphis

Investment Insights

Based on property information with market context.

This 220,200-square-foot warehouse is situated in a highly sought-after location with high visibility off Democrat Road and Highway 78. The property is strategically located adjacent to the Memphis International Airport, supporting FedEx’s global air cargo business, which represents 10.6% of the world’s market. It is located off Highway 78 (Lamar, I-22), providing excellent access to major demand drivers including I-240 (0.8 miles), I-55 (4.5 miles), I-40 (10.0 miles), and I-269 (18.5 miles). The location is 2.2 miles from the 185-acre Burlington Northern Santa Fe Railroad Intermodal Facility, the tenth-largest rail yard with five of the largest wide-span cranes in the country. Twenty percent of the jobs in the Memphis MSA are concentrated along the Highway 78 (Lamar, I-22) corridor, which houses 20 Fortune 500 companies.

Key Highlights

  • Highly sought‑after location with high visibility off Democrat Road and Highway 78.
  • Excellent access to major interstates: I‑240, I‑55, I‑40, and I‑269.
  • Strategically located adjacent to Memphis International Airport/FedEx World Hub.

Property Analytics

Current Use

Aosom Warehouse & Storage

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Pharmacy Restaurant

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

269
Businesses Nearby
Well-served
Demand for This Use

Demographics for 38118, TN

39,627
Population
16,317
Households
2.4
Avg Household Size
32
Median Age
12%
College-Educated
79%
High-School Grad
30.5 sq mi
ZIP Area
1,299
Density / Sq Mi
$42,464
Median Household Income
$30,431
Median Earnings
$1,105
Median Rent
$95,700
Median Home Value

Market

Lease Benchmarks for Memphis, TN

$10.23 /SF/Yr
Avg Asking Price
$7.5–$12 /SF/Yr
Price Range
75,921 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
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Similar Off Market Nearby

  • Closetbox 3264 democrat rd #5, memphis, tn 38118
  • U-Stor Self Storage 1801 Prescott Rd, Memphis, TN 38111
  • Interstate Drop Yard 3520 Lamar Ave, Memphis, TN 38118
  • FARRISVIEW INDUSTRIAL PARK 2863 Farrisview Blvd, Memphis, TN 38118
  • North American Van Lines 3264 Democrat Rd #5a, Memphis, TN 38118

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse with high visibility and excellent access to major highways.
Where is this warehouse located?
The property is located at 3268 Democrat Road Memphis, TN.
What are key features of this property?
This property features: Highly sought‑after location with high visibility off Democrat Road and Highway 78.; Excellent access to major interstates: I‑240, I‑55, I‑40, and I‑269.; Strategically located adjacent to Memphis International Airport/FedEx World Hub.
More about this property
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