Southpoint Distribution Center
For Sale
Contact for pricing
Pending
4795 Imagination Dr, Memphis, TN 38118
653,900 SF distribution building in prime location.
Property Size653,900 SF
Lot Size177.00 Acres
Days on Market151
Property Features for 4795 Imagination Dr
General Information
Standard status
Pending
Size
653,900 SF
Class
A
Lot size
177.00 Acres
Property subtype
Industrial
Zoning
I-L
Occupancy
96%
Lease Type
NNN
Building Details
Year Built
1996
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
CBRE - Memphis
(901) 528-1000
Listed By:
Johnny Lamberson · License #TN 259092
Source:
Crexi
Added: Mar 24
Changed: Aug 8
Last Checked: Jul 24 at 12:40PM
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 CBRE - Memphis
Investment Insights
Based on property information with market context.
Southpoint Distribution Center, located at 4795 Imagination Drive, is a 653,900 SF bulk distribution building situated in the heart of Southpoint Distribution Center. This 177-acre professionally planned industrial business park consists of approximately 3.4 million square feet of industrial space. The property benefits from access to major trucking routes, including Interstates 40, 240, and 55, as well as the BNSF intermodal facility and Memphis International Airport, home to the FedEx World hub. The property is 96.82% leased to Chatt Transport Services, operating on a three-year lease term that commenced December 2025 at a lease rate approximately 20% below market. Chatt Transport Services, a 3PL with approximately 4.5M SF in the Memphis MSA, has over 25 clients, including Easton Corp, Cooper Lighting, WM Barr, Siemens, Owens & Minor and NextEra. Their client at Southpoint Distribution Center is Florida Power and Light, a subsidiary of NextEra Energy, which is developing the solar power infrastructure necessary for the region’s latest hyperscale data center, Google’s $4.0B facility in neighboring West Memphis, Arkansas.
Key Highlights
- Strategic location with irreplaceable access to major trucking routes, BNSF intermodal facility, and Memphis International Airport/FedEx World Hub.
- Large 653,900 SF bulk distribution building** within a professionally planned industrial park.
- High occupancy rate of 96.82%.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
126
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Industrial in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Distribution center - 653,900 SF distribution building in prime location.
Where is this distribution center located?
The property is located at 4795 Imagination Dr Memphis, TN.
What are key features of this property?
This property features: Strategic location with irreplaceable access to major trucking routes, BNSF intermodal facility, and Memphis International Airport/FedEx World Hub.; Large 653,900 SF bulk distribution building** within a professionally planned industrial park.; High occupancy rate of 96.82%.**
