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Industrial/Flex Park Near Airport
For Lease
$7.63 SF/Yr

3615 S Goodlett St, Memphis, TN 38118

Industrial/flex park with dock high and grade level doors.

Space Size2,200 SF
Property Size20,050 SF
Days on Market261

Property Features for 3615 S Goodlett St

General Information

Standard status Active
Size 2,200 SF
Property subtype Industrial
Lease Type SF/yr
Lease Term MG

Building Details

Building Size 20,050 SF
Year Built 1989

Spaces For Lease

at 3615 S Goodlett St Contact us

3615 Goodlett Street Suite 103 $7.63/SF/Yr

Size
2,200 SF
Term
Negotiable
Contact us
Listing Agency: NAI Saig Company - Memphis
Listed By: Brian Califf, CCIM · License #TN #299669
Source: Naiglobal
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: May 8 at 11:46PM

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

Investment Insights

Based on property information with market context.

This industrial/flex park comprises three buildings constructed in 1984 and 1989. The property features a 14-foot clear ceiling height. Some spaces include both dock-high and grade-level doors. The property is located at the corner of Lamar Avenue and Goodlett Street, southeast of the city center. It is situated minutes from Memphis International Airport and Interstate 240. The property size is 20050 square feet.

Key Highlights

  • Minutes from Memphis International Airport and I‑240
  • Industrial/flex park
  • Dock high and grade level doors in some spaces

Property Analytics

Current Use

Digital Documents Marketing & Advertising Power Cleaning Solutions ... (Bike/Boat/Book/etc) Store McCracken Furniture Repair, ... Renovation Specialist American Expediting Courier Service

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Garden Center Skin Care Clinic Pharmacy

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
$1.14 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby
Under-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

$12.05 /SF/Yr
Avg Asking Price
$8–$16.2 /SF/Yr
Price Range
18,238 SF
Avg Space Size

This space is priced 37% below the average of $12.05 /SF/Yr.

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

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Frequently Asked Questions

What type of property is this?
Flex space - Industrial/flex park with dock high and grade level doors.
Where is this flex space located?
The property is located at 3615 S Goodlett St Memphis, TN.
What is the lease rate?
The lease rate is $7.63 SF/Yr.
What are key features of this property?
This property features: Minutes from Memphis International Airport and I‑240; Industrial/flex park; Dock high and grade level doors in some spaces
More about this property
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