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Office-Warehouse Flex Space
New
For Lease
$8,640/Mo

3770 Cherry Rd, Memphis, TN 38118

Two-part commercial layout with private offices, meeting space, and drive-in warehouse access.

Space SizeContact for details
Days on Market3

Property Features for 3770 Cherry Rd

General Information

Standard status Active
Property subtype Industrial
Listing Agency: Memphis
Listed By: Henry Stratton · License #357175
Source: Colliers
Added: Aug 16 Changed: Aug 17 Last Checked: Aug 18 at 4:13AM

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.

This flex property combines 8,640± square feet of office and warehouse space in a building constructed in 1997. The office portion measures 4,536± square feet and includes 12 private offices, a break room, conference room, and reception area. The 4,104± square foot warehouse includes an office and restroom, with 2 drive-in doors supporting loading and access. A metal roof and 20 parking spaces are also part of the property improvements.

The building occupies .84± acres at 3770 Cherry Road in Memphis, Tennessee. The space is offered for lease and is scheduled to be vacant on January 1st, 2027.

Key Highlights

  • 8,640± square feet combining office and warehouse areas
  • 4,536± square feet of office space with 12 private offices
  • 4,104± square foot warehouse with 2 drive‑in doors

Property Analytics

Current Use

OUTFRONT Media - Memphis Media Distribution Southeastern Sales Factory SECO Companies Construction Company Memphis Increte Inc Construction Company

Suggested Use

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

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

343
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

$10.84 /SF/Yr
Avg Asking Price
$7.5–$13.93 /SF/Yr
Price Range
21,748 SF
Avg Space Size

This space is priced 11% above the average of $10.84 /SF/Yr.

Vacancy Rate% for Office in Memphis, TN

14.6% 2019
15% 2020
16.8% 2021
16.2% 2022
17.3% 2023
16.7% 2024
17.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two-part commercial layout with private offices, meeting space, and drive-in warehouse access.
Where is this flex space located?
The property is located at 3770 Cherry Rd Memphis, TN.
What is the lease rate?
The lease rate is $8,640/Mo.
What are key features of this property?
This property features: 8,640± square feet combining office and warehouse areas; 4,536± square feet of office space with 12 private offices; 4,104± square foot warehouse with 2 drive‑in doors
More about this property
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