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Automotive Flex Space
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For Lease
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5164 US HWY 51 N, Memphis, TN 38127

Functional industrial facility suited to automotive, contractor, service, equipment, and fabrication operations.

Space Size1,082 SF
Lot Size1.00 Acre
Days on Market7

Property Features for 5164 US HWY 51 N

General Information

Standard status Active
Size 1,082 SF
Lot size 1.00 Acre
Property subtype Industrial

Lease Terms

Lease Rate $4,000 /USD/MO
Monthly Rent $4,000

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Space Use Auto Shop

Building Details

Building Size 1,082 SF
Year Built 1988
Tenancy Single

Spaces For Lease

at 5164 US HWY 51 N Contact us

Space 1

Size
1,082 SF
Type
Industrial
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Myers Commercial Real Estate
Listed By: Melanie Myers Bland · License #TN 288335
Source: Crexi
Added: Aug 5 Changed: Aug 9 Last Checked: Aug 10 at 1:53PM

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 Myers Commercial Real Estate

Investment Insights

Based on property information with market context.

Available for lease, this industrial and flex facility includes an automotive shop within a functional commercial property. The building dates to 1988 and is positioned for operations requiring space for automotive repair, contracting, service work, equipment-related activities, fabrication, or other light industrial uses.

The property occupies 1 AC along US Highway 51 N in North Memphis, providing a highway-oriented setting for businesses that need a practical operating location. Its flex configuration supports a range of commercial uses while retaining an automotive-shop component.

Key Highlights

  • Automotive shop within an industrial/flex facility
  • 1 AC industrial/flex property
  • Located along US Highway 51 N in North Memphis

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Garden Center Big Box & Wholesale Store Auto Parts Store Grocery & Convenience Store Hotel & Motel

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby
Well-served
Demand for This Use

Demographics for 38127, TN

40,679
Population
17,560
Households
2.3
Avg Household Size
33
Median Age
11%
College-Educated
83%
High-School Grad
37.8 sq mi
ZIP Area
1,076
Density / Sq Mi
$37,768
Median Household Income
$31,790
Median Earnings
$1,104
Median Rent
$82,500
Median Home Value

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

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?
Flex space - Functional industrial facility suited to automotive, contractor, service, equipment, and fabrication operations.
Where is this flex space located?
The property is located at 5164 US HWY 51 N Memphis, TN.
What are key features of this property?
This property features: Automotive shop within an industrial/flex facility; 1 AC industrial/flex property; Located along US Highway 51 N in North Memphis
More about this property
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