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Memphis Flex/Industrial Space For Lease
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3915 S Mendenhall Rd, Memphis, TN

Flex and industrial spaces available in various sizes for lease.

Space Size28,880 SF
Lot Size29.91 Acres
Days on Market637

Property Features for 3915 S Mendenhall Rd

General Information

Standard status Active
Size 28,880 SF
Lot size 29.91 Acres
Property subtype INDUSTRIAL
Lease Type Modified Gross

Spaces For Lease

at 3915 S Mendenhall Rd Contact us

3915 S Mendenhall Rd $8/SF/Yr

Floor
1
Size
28,880 SF
Type
INDUSTRIAL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Asking lease rate of $8 per foot MG - Business Park with Variety of Office and...
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Listing Agency: NAI Saig Company - Memphis
Listed By: Brian Califf · License ##299669
Source: Moodyscre
Added: Nov 14, 2024 Changed: Aug 9 Last Checked: Aug 12 at 7:44AM

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 property offers flex and industrial spaces available for lease within a business park. The asking lease rate is $8 per square foot on a modified gross basis. The property provides a variety of office and industrial spaces in different size ranges. The property size is 28880 square feet.

Key Highlights

  • Asking lease rate of $8 per foot MG
  • Business Park setting
  • Variety of Office spaces available

Property Analytics

Current Use

East Pointe Business ... Business Park Shelby County Child ... County Government Office TN AFIRM Maximus ... Charitable Organization

Suggested Use

Top Pick Law Firm Dental Office Restaurant Pharmacy Real Estate Agency 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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

446
Businesses Nearby
Under-served
Demand for This Use

Market

Lease Benchmarks for Memphis, TN

$10.61 /SF/Yr
Avg Asking Price
$7.5–$13.93 /SF/Yr
Price Range
18,021 SF
Avg Space Size

This space is priced 25% below the average of $10.61 /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 - Flex and industrial spaces available in various sizes for lease.
Where is this flex space located?
The property is located at 3915 S Mendenhall Rd Memphis, TN.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Asking lease rate of $8 per foot MG; Business Park setting; Variety of Office spaces available
(901) 526-3100 Call to check price and availability
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