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Leased Distribution Center Portfolio
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363 & 410 Burma Road, Memphis, TN 38106

Two industrial buildings feature dock-high loading and layouts that can accommodate divisible occupancy.

Property Size236,600 SF
Days on Market146

Property Features for 363 & 410 Burma Road

General Information

Standard status Active
Size 236,600 SF
Property subtype Industrial
Occupancy 100%

Additional Details

Highway Access Yes

Building Details

Buildings 2
Tenancy Single
Listing Agency: Ten-X Atlanta
Listed By: Korey Prefontaine · License #GA 179054
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 4:31AM

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 Ten-X Atlanta

Investment Insights

Based on property information with market context.

This industrial portfolio comprises two buildings totaling 236,600 square feet and is currently 100% leased to a single tenant. The facilities have been occupied by LGSTX Distribution Services, LLC since 2012, providing an established operating history and a streamlined single-tenant management structure. Multiple dock-high doors support distribution operations and offer flexibility for future users requiring separable space configurations.

The property is positioned along Interstate 55, with access to both I-55 and I-240. Memphis International Airport is within 5 miles of the buildings. The surrounding industrial submarket has an 8% vacancy rate, while the location provides proximity to regional highway and air-cargo infrastructure.

Key Highlights

  • 236,600 square foot industrial building portfolio
  • 100% leased to a single tenant
  • LGSTX Distribution Services, LLC has occupied the buildings since 2012

Property Analytics

Current Use

48forty Solutions Freight Service

Suggested Use

Top Pick Dental Office Building Supply Law Firm Pharmacy Hair Salon HVAC Service

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

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby

Demographics for 38106, TN

22,394
Population
11,630
Households
1.9
Avg Household Size
41
Median Age
12%
College-Educated
83%
High-School Grad
10.4 sq mi
ZIP Area
2,153
Density / Sq Mi
$29,818
Median Household Income
$30,101
Median Earnings
$915
Median Rent
$66,400
Median Home Value

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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Frequently Asked Questions

What type of property is this?
Distribution center - Two industrial buildings feature dock-high loading and layouts that can accommodate divisible occupancy.
Where is this distribution center located?
The property is located at 363 & 410 Burma Road Memphis, TN.
What are key features of this property?
This property features: 236,600 square foot industrial building portfolio; 100% leased to a single tenant; LGSTX Distribution Services, LLC has occupied the buildings since 2012
More about this property
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