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Versatile Flex Space on New Getwell
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3869 NEW GETWELL RD, Memphis, TN 38118

Office/flex space with warehouse, ideal for industrial, service, distribution.

Space Size20,949 SF
Days on Market103

Property Features for 3869 NEW GETWELL RD

General Information

Standard status Active
Size 20,949 SF
Property subtype Industrial

Building Details

Building Size 20,949 SF
Year Built 1972
Tenancy Single

Spaces For Lease

at 3869 NEW GETWELL RD Contact us

Space 1

Size
20,949 SF
Type
Industrial
Lease Type
Modified Gross
Availability
Active
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Listing Agency: Crye-Leike Commercial Memphis
Listed By: Eric Fuhrman · License #TN 291774
Source: Crexi
Added: May 21 Changed: Aug 14 Last Checked: Aug 30 at 3:59PM

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 Crye-Leike Commercial Memphis

Investment Insights

Based on property information with market context.

This property offers a versatile leasing opportunity with up to 13,000 square feet of space, thoughtfully configured with approximately equal portions of professional office area and functional warehouse or shop space. Designed to accommodate a variety of industrial, service, distribution, or trade users, the property features approximately 18-foot eave heights, grade-level loading, and heavy power capabilities to support demanding operational needs. The flexible layout allows tenants to efficiently combine front-office functionality with warehouse, fabrication, storage, or service operations under one roof. Positioned with excellent frontage and exposure along New Getwell Road, the property provides convenient access to major transportation corridors and surrounding business hubs. It is ideal for contractors, light industrial users, service companies, or expanding businesses seeking a highly functional flex environment.

Key Highlights

  • Flexible space: 10,000‑13,000 SF with balanced office and warehouse/shop areas.
  • High visibility: Excellent frontage and exposure on New Getwell Road.
  • Industrial capabilities: 18’ eave heights, grade‑level loading, and heavy power.

Property Analytics

Current Use

Mid-South Electrical Contractors General Contractor

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center (Bike/Boat/Book/etc) Store Locksmith Computer & Electronic Repair Garden 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

614
Businesses Nearby
Well-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

$11.01 /SF/Yr
Avg Asking Price
$7.5–$13.93 /SF/Yr
Price Range
21,437 SF
Avg Space Size

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?
Flex space - Office/flex space with warehouse, ideal for industrial, service, distribution.
Where is this flex space located?
The property is located at 3869 NEW GETWELL RD Memphis, TN.
What are key features of this property?
This property features: Flexible space: 10,000‑13,000 SF with balanced office and warehouse/shop areas.; High visibility: Excellent frontage and exposure on New Getwell Road.; Industrial capabilities: 18’ eave heights, grade‑level loading, and heavy power.
More about this property
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