Industrial Warehouse with Outside
For Lease
$344,400
5321 E Shelby Dr, Memphis, TN 38118
Fenced warehouse property with heavy industrial zoning, substantial office space, and dedicated truck circulation.
Space Size344,400 SF
Lot Size26.56 Acres
Days on Market132
Property Features for 5321 E Shelby Dr
General Information
Standard status
Active
Size
344,400 SF
Net Rentable
344,400 SF
Lot size
26.56 Acres
Property subtype
Industrial
Zoning
I-H
Space & Availability
Available Space
344,400 SF
Contiguous Space
344,400 SF
Space Use
Industrial
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
22 ft
Dock-High Doors
45
Drive-In Doors
2
Truck Court Depth
150 ft
Column Spacing
50 x 50 ft
Amenities
guard house
Building Details
Year Built
1986
Buildings
1
Building Size
344,400 SF
Listing Agency:
Memphis
(901) 312-4915
Listed By:
Hunter Adams · License #329609
(901) 312-4915
Source:
Colliers
Added: Apr 22
Changed: Aug 31
Last Checked: Aug 31 at 12:49PM
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 warehouse property contains 344,400± square feet under roof and was built in 1986. The improvements include a two-story office component with 5,000–30,000 square feet available, along with warehouse space featuring 22-foot clear height and 50-by-50-foot column spacing. Loading capacity includes 45 dock doors and 2 drive-in doors.
The 26.56±-acre site includes approximately 9± acres of outside storage. The property is fenced and provides a 150-foot truck court that can be expanded, together with a guard house. Heavy Industrial Zoning (I-H) applies to the site.
The 26.56±-acre site includes approximately 9± acres of outside storage. The property is fenced and provides a 150-foot truck court that can be expanded, together with a guard house. Heavy Industrial Zoning (I-H) applies to the site.
Key Highlights
- 344,400± SF industrial warehouse built in 1986
- Approximately 9± acres of outside storage on a 26.56±-acre site
- 45 dock doors and 2 drive‑in doors
Property Analytics
Property Profile
Current Use
Lease Details
22 ft
Clear height
45
Dock-high doors
2
Drive-in doors
Yes
Fenced yard
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
Well-served
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
$10.64 /SF/Yr
Avg Asking Price
$7.5–$12 /SF/Yr
Price Range
72,822 SF
Avg Space Size
Vacancy Rate% for Industrial in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Fenced warehouse property with heavy industrial zoning, substantial office space, and dedicated truck circulation.
Where is this warehouse located?
The property is located at 5321 E Shelby Dr Memphis, TN.
What is the lease rate?
The lease rate is $344,400.
What are key features of this property?
This property features: 344,400± SF industrial warehouse built in 1986; Approximately 9± acres of outside storage on a 26.56±-acre site; 45 dock doors and 2 drive‑in doors
