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Flex Space
For Lease
$7.97 SF/Yr

3872-3914 S Perkins Cutoff Rd, Memphis, TN 38118

Flex space with connections to I-240 and S Perkins Cutoff Road supports convenient regional access.

Space Size1,958 SF
Property Size5,736 SF
Days on Market150

Property Features for 3872-3914 S Perkins Cutoff Rd

General Information

Standard status Active
Size 1,958 SF
Net Rentable 1,958 SF
Class B
Property subtype Office - General Office

Space & Availability

Available Space 1,958 SF
Contiguous Space 1,958 SF
Space Use Flex

Additional Details

Highway Access Yes

Building Details

Building Size 5,736 SF

Spaces For Lease

at 3872-3914 S Perkins Cutoff Rd Contact us

3902 S Perkins $7.97/SF/Yr

Size
1,958 SF
Type
Flex - Industrial
Lease Type
Modified Gross
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: NAI Saig Company
Listed By: Brian Califf · License ##299669
Source: Commercialcafe
Added: Apr 3 Changed: Aug 30 Last Checked: Aug 30 at 4:21AM

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

Investment Insights

Based on property information with market context.

The property comprises 1,958 square feet of flex space available for lease. Its access profile includes connections to I-240 and S Perkins Cutoff Road, with the property located at 3872-3914 S Perkins Cutoff Rd in Memphis, Tennessee.

Key Highlights

  • 1,958 SF flex space available for lease
  • Access to I‑240
  • Located at 3872‑3914 S Perkins Cutoff Rd, Memphis, TN 38118

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Pharmacy HVAC Service Spa & Massage Center Auto Parts Store

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
Highway access
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

402
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

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

This space is priced 28% below the average of $11.01 /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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Flex space with connections to I-240 and S Perkins Cutoff Road supports convenient regional access.
Where is this flex space located?
The property is located at 3872-3914 S Perkins Cutoff Rd Memphis, TN.
What is the lease rate?
The lease rate is $7.97 SF/Yr.
What are key features of this property?
This property features: 1,958 SF flex space available for lease; Access to I‑240; Located at 3872‑3914 S Perkins Cutoff Rd, Memphis, TN 38118
More about this property
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