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Memphis Warehouse Space Available
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5750 Challenge Drive, Memphis, TN 38115

160,000 sqft warehouse space for rent in Memphis, TN.

Space SizeContact for details
Days on Market264

Property Features for 5750 Challenge Drive

General Information

Standard status Active
Property subtype Industrial
Listing Agency: CBRE - Memphis
Listed By: Jim Mercer · License #309706
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:57AM

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.

This property offers 160,000 square feet of warehouse space suitable for distribution and industrial purposes. Located in Memphis, TN, the property is designed to accommodate a range of business operations requiring substantial storage and operational areas.

Key Highlights

  • 160,000 sqft warehouse space for rent
  • Located in Memphis, TN
  • Warehouse space

Property Analytics

Current Use

DunAn Precision Manufacturing Industrial Manufacturer Coworx Staffing Services Telecommunications Service

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Gym & Fitness Center (Bike/Boat/Book/etc) 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

198
Businesses Nearby
Balanced
Demand for This Use

Demographics for 38115, TN

40,076
Population
19,179
Households
2.1
Avg Household Size
30
Median Age
14%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
4,660
Density / Sq Mi
$42,931
Median Household Income
$32,997
Median Earnings
$1,129
Median Rent
$129,700
Median Home Value

Market

Lease Benchmarks for Memphis, TN

$9.78 /SF/Yr
Avg Asking Price
$7.5–$12 /SF/Yr
Price Range
71,113 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
Rey
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Similar Off Market Nearby

  • U-Stor Self Storage Hickory Hill 5515 Winchester Rd, Memphis, TN 38115
  • Self-Storage at U-Haul 3561 S Mendenhall Rd, Memphis, TN 38115
  • Self Storage 6025 Winchester Rd, Memphis, TN 38115
  • Extra Space Storage 6120 Hickory Ridge Mall, Memphis, TN 38115
  • Guardian Moving Systems 4226 Clarke Rd, Memphis, TN 38141

Frequently Asked Questions

What type of property is this?
Warehouse - 160,000 sqft warehouse space for rent in Memphis, TN.
Where is this warehouse located?
The property is located at 5750 Challenge Drive Memphis, TN.
What are key features of this property?
This property features: 160,000 sqft warehouse space for rent; Located in Memphis, TN; Warehouse space
More about this property
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