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

160,000 sq ft warehouse space for lease.

Space SizeContact for details
Days on Market205
Rey
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Property Features for 5750 Challenge Drive

General Information

Standard status Active
Property subtype Industrial
Listed By: Jim Mercer
Source: Cbre
Added: Mar 25 Changed: Oct 13 Last Checked: Oct 14 at 9:50PM

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 Jim Mercer

Investment Insights

Based on property information with market context.

This commercial real estate offers 160,000 square feet of warehouse space. The property is located at 5750 Challenge Drive, Memphis, TN, 38115 and is suitable for warehouse and industrial use.

Key Highlights

  • 160,000 sq ft warehouse space

Property Analytics

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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

358
Businesses Nearby
Well-served
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Memphis, TN

$11.92 /SF/Yr
Avg Asking Price
$7.5–$21 /SF/Yr
Price Range
73,581 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

Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Warehouse - 160,000 sq ft warehouse space for lease.
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 sq ft warehouse space
More about this property
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