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Flex Space with Warehouse Area
For Lease
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3872 S Perkins Cut Off Rd, Memphis, TN 38118

Includes reception, two private offices, one restroom, and a grade-level door.

Space Size1,958 SF
Days on Market732

Property Features for 3872 S Perkins Cut Off Rd

General Information

Standard status Active
Size 1,958 SF
Class B
Property subtype Industrial
Lease Type Modified Gross

Building Details

Building Size 1,600 SF
Tenancy Multiple

Spaces For Lease

at 3872 S Perkins Cut Off Rd Contact us

3902 S Perkins $7.97/SF/Yr

Size
1,958 SF
Type
Industrial
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: NAI Saig Company Memphis
Listed By: Brian Califf · License #TN 299669
Source: Crexi
Added: Aug 30, 2024 Changed: Aug 29 Last Checked: Aug 29 at 7:34PM

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 Memphis

Investment Insights

Based on property information with market context.

This 1,958 SF flex space combines a reception area, two private offices, one restroom, and warehouse space within a practical commercial layout. A grade-level door supports movement between the warehouse area and the exterior, while the 12ft 11 in ceiling height provides added vertical clearance for operations and storage.

The property is located at 3872 S Perkins Cut Off Rd in Memphis, Tennessee. The space is offered for lease and provides a combination of office and warehouse functionality in one premises.

Key Highlights

  • 1,958 SF flex space
  • Reception area with 2 private offices
  • Warehouse area with 1 grade‑level door

Property Analytics

Current Use

webuyanycar.com Car Dealership

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

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 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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Includes reception, two private offices, one restroom, and a grade-level door.
Where is this flex space located?
The property is located at 3872 S Perkins Cut Off 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; Reception area with 2 private offices; Warehouse area with 1 grade‑level door
(901) 526-3100 Call to check price and availability
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