Crossdocked Warehouse with Office
For Lease
Contact for pricing
3495 Lamar Ave, Memphis, TN 38118
Crossdocked warehouse with 16 covered docks, conditioned space, 16' ceilings, and fenced, gated parking.
Space Size107,000 SF
Days on Market1193
Property Features for 3495 Lamar Ave
General Information
Standard status
Active
Size
107,000 SF
Property subtype
INDUSTRIAL
Lease Type
Modified Gross
Site & Location
Neighborhood
Transformations Economic and Comm. Development
Spaces For Lease
at 3495 Lamar Ave
3495 Lamar Ave
$3.50/SF/Yr
Floor
Bldg
Size
107,000 SF
Type
INDUSTRIAL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- $3.50 MG per SF
- 6.56 acres +/-
- Warehouse Area consists of approx. 80,000 feet
- Office/Lab Area consists of approx. 27,000 feet
- Office could easily be demolished to add more warehouse space
- 100% conditioned, 16' ceiling height, 160 total parking spaces (125 fenced and gated), 1,600 amps of power, 40 hp compressor
- Crossdocked with 16 covered docks
- Located 1/10th of a mile from the Amazon delivery station on Pearson Rd
- One 30-ton unit, five 15-ton units, three 8.5-ton units, and one 7.5 ton units
Contact us
Listing Agency:
NAI Saig Company - Memphis
Listed By:
Brian Califf · License ##299669
(901) 526-3100
Source:
Moodyscre
Added: Jul 25, 2023
Changed: Oct 25
Last Checked: Oct 28 at 6:32AM
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
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Investment Insights
Based on property information with market context.
This conditioned industrial facility includes approximately 80,000 square feet of warehouse area and about 27,000 square feet of office/lab space. The building features 16' ceiling height, 16 covered docks, and crossdocked operations. Parking totals 160 spaces, including 125 fenced and gated spaces. Power and building support include 1,600 amps and a 40 hp compressor. The facility also has one 30-ton unit, five 15-ton units, three 8.5-ton units, and one 7.5 ton unit.
The property is located at 3495 Lamar Ave in Memphis, TN, about 1/10th of a mile from an Amazon delivery station on Pearson Rd. With warehouse/flex configuration and the note that office space could be demolished to add warehouse area, the layout may support tenant needs that prioritize distribution and dock capacity. The total site is approximately 6.56 acres (+/-).
The property is located at 3495 Lamar Ave in Memphis, TN, about 1/10th of a mile from an Amazon delivery station on Pearson Rd. With warehouse/flex configuration and the note that office space could be demolished to add warehouse area, the layout may support tenant needs that prioritize distribution and dock capacity. The total site is approximately 6.56 acres (+/-).
Key Highlights
- Crossdocked warehouse with 16 covered docks
- 6.56 acres +/-, with approx. 80,000 SF warehouse area and approx. 27,000 SF office/lab area
- 100% conditioned space with 16' ceiling height
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
247
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Memphis, TN
$12.43 /SF/Yr
Avg Asking Price
$7.5–$21 /SF/Yr
Price Range
74,125 SF
Avg Space Size
Vacancy Rate% for Industrial in Memphis, TN
Similar Off Market Nearby
- North American Van Lines — 3264 Democrat Rd #5a, Memphis, TN 38118
- Interstate Drop Yard — 3520 Lamar Ave, Memphis, TN 38118
- Closetbox — 3264 democrat rd #5, memphis, tn 38118
- U-Stor Self Storage — 1801 Prescott Rd, Memphis, TN 38111
Frequently Asked Questions
What type of property is this?
Warehouse - Crossdocked warehouse with 16 covered docks, conditioned space, 16' ceilings, and fenced, gated parking.
Where is this warehouse located?
The property is located at 3495 Lamar Ave Memphis, TN.
What are key features of this property?
This property features: Crossdocked warehouse with 16 covered docks; 6.56 acres +/-, with approx. 80,000 SF warehouse area and approx. 27,000 SF office/lab area; 100% conditioned space with 16' ceiling height
