Listing Agency: CBRE | Memphis p***@cbre.com Show Phone

Listed By: Patrick Walton · License #309706 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 19 Last Checked: Aug 21 at 7:46AM

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Investment Insights

Based on property information with market context.

This 200,000-square-foot industrial property, delivered in 2000, is located in the Southeast Industrial Submarket. It features a 30-foot clear height, twelve dock doors, and one drive-in door. The building is equipped with an ESFR sprinkler system and column spacing of 50 feet by 50 feet. The property includes over two hundred parking spots.

Key Highlights

• 200,000‑square‑foot industrial property
• Benefit from 50 dock doors
• The warehouse features 30’ clear height

Property Analytics

Property Profile

Current Use

Rivers Trucking Co Trucking Company Accelerated Inc Distribution Center UPS Supply Chain ... Shipping Company Friend Tire Co (Bike/Boat/Book/etc) Store Southern Tire Mart ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Auto Parts Store

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

67

Businesses Nearby

Balanced

Demand for This Use

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

Lease Benchmarks for Memphis, TN

$10.23 /SF/Yr

Avg Asking Price

$7.5–$12 /SF/Yr

Price Range

75,921 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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Warehouse - 200,000 SF industrial space with many dock doors.

Where is this warehouse located?

The property is located at 5280 Meltech Boulevard Memphis, TN.

What are key features of this property?

This property features: 200,000‑square‑foot industrial property; Benefit from **50 dock doors**; The warehouse features **30’ clear height**