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Freestanding Flex Building

4068 Hatcher Cir, Memphis, TN 38118

For Sale
New
$750,000

Office rooms, a break area, and multiple loading options support a mix of administrative and warehouse functions.

Property Size15,000 SF
Lot Size0.82 Acres
Price / SF$50
Days on Market1

Property Features for 4068 Hatcher Cir

General Information

Standard status Active
Size 15,000 SF
Lot size 0.82 Acres
Property subtype Industrial

Site & Location

Neighborhood Transformations Economic and Comm. Development

Warehouse & Industrial

Clear Height 14 ft
Dock-High Doors 1
Drive-In Doors 2
Column Spacing 25 x 50 ft

Additional Details

Asking Price $750,000
Property Use Industrial/Flex

Building Details

Building Size 15,000 SF
Year Built 1987
Listing Agency: NAI Saig Company - Memphis
Listed By: Brian Califf, CCIM · License TN #299669
Source: Naiglobal
Added: Nov 14 Last Checked: Nov 14 at 2:14PM

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

Rey
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Investment Insights

Based on property information with market context.

This freestanding flex property contains 15,000 square feet on a 0.82-acre site. The office area includes 10 offices, a break room, and a private restroom. Warehouse specifications include 10'- 14' clear height and 25' x 50' column spacing, with one dock door and two 8' x 10' drive-in doors.

The property is within minutes of Frederick W. Smith International Airport, the FedEx World Hub, and Highway 78. Built in 1987, the building combines office accommodations with warehouse space and separate dock and drive-in access.

Key Highlights

  • 15,000 SF building on 0.82 AC
  • Office area has 10 offices, a break room, and a private restroom
  • Clear height ranges from 10'- 14'; column spacing is 25' x 50'

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Alloy Products Factory Southern Marketing Group Advertising Agency

Suggested Use

Top Pick Dental Office Real Estate Agency Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery

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

14 ft
Clear height
1
Dock-high doors
2
Drive-in doors

Location Intelligence

Trade Area within ½ mile

364
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Flex space in Memphis

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Flex space - Office rooms, a break area, and multiple loading options support a mix of administrative and warehouse functions.
Where is this flex space located?
The property is located at 4068 Hatcher Cir Memphis, TN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 15,000 SF building on 0.82 AC; Office area has 10 offices, a break room, and a private restroom; Clear height ranges from 10'- 14'; column spacing is 25' x 50'
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