Listing Agency: NAI Saig Company - Memphis b***@saigcompany.com Show Phone

Listed By: Brian Califf · License ##299669 Show Phone

Source: Moodyscre

Added: Jul 27 Changed: Jul 31 Last Checked: Jul 31 at 5:21PM

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Investment Insights

Based on property information with market context.

This 2,750-square-foot flex space is located at 3865 Winchester Rd in Memphis, Tennessee. The property offers frontage on Winchester Road and is minutes from Memphis International Airport.

Key Highlights

• 2,750 square feet of flex space
• Winchester Road frontage
• Minutes from Memphis International Airport

Property Analytics

Current Use

Unlimited Refunds Tax Preparation Wingz of Love Keepsakez (Bike/Boat/Book/etc) Store Payne's Community Development Urban Planning Department Pac Man's Liqour ... (Bike/Boat/Book/etc) Store Approved Tax Advance Loan Service

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Garden Center Locksmith Gym & Fitness Center

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

Yes

Paved road access

NNN (Triple Net)

Lease Type

$1.44 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

438

Businesses Nearby

Under-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

Market

Lease Benchmarks for Memphis, TN

$89.26 /SF/Yr

Avg Asking Price

$8–$141 /SF/Yr

Price Range

14,613 SF

Avg Space Size

This space is priced 89% below the average of $89.26 /SF/Yr.

Properties on Market for Flex space in Shelby County

Feb

Mar

Apr

May

Jun

Jul

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Frequently Asked Questions

What type of property is this?

Flex space - Flexible commercial space with Winchester frontage near Memphis International Airport.

Where is this flex space located?

The property is located at 3865 Winchester Rd Memphis, TN.

What is the lease rate?

The lease rate is $9.60 SF/Yr.

What are key features of this property?

This property features: 2,750 square feet of flex space; Winchester Road frontage; Minutes from Memphis International Airport