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Truck Terminal with Pull-Through Bays
New
For Lease
$25,442

5135 Lamar Ave, Memphis, TN 38118

Separate office and service areas include repair bays, a wash bay, and a dedicated driver entrance.

Space SizeContact for details
Days on Market3

Property Features for 5135 Lamar Ave

General Information

Standard status Active
Property subtype Industrial
Listing Agency: Memphis
Listed By: Ben Ricketts · License #S-52311
Source: Colliers
Added: Oct 12 Changed: Oct 13 Last Checked: Oct 13 at 2:46AM

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 Memphis

Investment Insights

Based on property information with market context.

This truck terminal occupies 14± acres and contains 25,442± square feet across a shop and office building. The approximately 18,000-square-foot shop has seven pull-through bays, a full-length pit, a wash bay, and a separate storage bay with one door.

The approximately 7,442-square-foot office building includes a conference room, nine extra-large private offices, a server room, a 20-foot-by-40-foot cube area, and a 30-foot-by-48-foot open office area. Additional features include a break room, five restrooms, and a separate driver entrance with a counter window.

Key Highlights

  • 25,442± square feet across the shop and office building
  • 14± acres
  • Approximately 18,000 square feet of shop space with seven pull‑through bays

Property Analytics

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Current Use

Truck terminals

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Furniture & Home Goods Garden Center Carpet & Flooring Store Pharmacy

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

Location Intelligence

Trade Area within ½ mile

126
Businesses Nearby

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

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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Frequently Asked Questions

What type of property is this?
Truck terminal - Separate office and service areas include repair bays, a wash bay, and a dedicated driver entrance.
Where is this truck terminal located?
The property is located at 5135 Lamar Ave Memphis, TN.
What is the lease rate?
The lease rate is $25,442.
What are key features of this property?
This property features: 25,442± square feet across the shop and office building; 14± acres; Approximately 18,000 square feet of shop space with seven pull‑through bays
More about this property
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