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Flex Space with High Dock Doors

597 VANDALIA St, Memphis, TN 38112

For Lease
New
$4,250/Mo

Rental Properties, Memphis, TN

Space SizeContact for details
Lot Size0.33 Acres
Days on Market3

Property Features for 597 VANDALIA St

General Information

Property type Commercial Lease
Property subtype Other
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 1, Bathroom 3
Subdivision D H JOHNSON
Standard status Active
Size 8,086 SF
Lot size 0.33 Acres

Additional Details

Currently Operating Yes
Automotive Uses auto repair

Amenities

3 restrooms
high dock doors

Building Details

Year built 1963
Listing Agency: REMAX Experts · RE/MAX International
Listed By: Monica Mauricio · License TN #271777
Added: Nov 10 Changed: Nov 11 Last Checked: Nov 12 at 4:06PM
MLS# 10234214

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Configured for a combination of office and warehouse functions, the property contains approximately 2,000 square feet of office area and 7,000 square feet of warehouse space. Three restrooms serve the building, and high dock doors are installed. The building dates to 1963, and the stated construction year is approximate.

The 0.33-acre property is located at 597 Vandalia St in Memphis, within ZIP code 38112. The space is offered as a sublease and has been used as an auto shop.

Key Highlights

  • Approximately 2,000 square feet of office area and 7,000 square feet of warehouse space
  • High dock doors
  • Three restrooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office

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
$0.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

584
Businesses Nearby
Balanced
Demand for This Use

Demographics for 38112, TN

16,970
Population
7,425
Households
2.3
Avg Household Size
32
Median Age
38%
College-Educated
85%
High-School Grad
4.8 sq mi
ZIP Area
3,535
Density / Sq Mi
$52,639
Median Household Income
$29,576
Median Earnings
$969
Median Rent
$206,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Memphis, TN

$12.74 /SF/Yr
Avg Asking Price
$7.5–$21 /SF/Yr
Price Range
18,770 SF
Avg Space Size

This space is priced 50% below the average of $12.74 /SF/Yr.

Properties on Market for Flex space in Memphis

Jul
Aug
Sep
Oct

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

  • Mississippi Queen Catering — 280 Tillman St, Memphis, TN 38112
  • Drunken Daisies — 3079 Crystal Ave, Memphis, TN 38112
  • Fascinating Catering — 3519 Summer Ave, Memphis, TN 38122

Frequently Asked Questions

What type of property is this?
Flex space - Sublease property with office and warehouse areas, three restrooms, and prior auto shop use.
Where is this flex space located?
The property is located at 597 VANDALIA St Memphis, TN.
What is the lease rate?
The lease rate is $4,250/Mo.
What are key features of this property?
This property features: Approximately 2,000 square feet of office area and 7,000 square feet of warehouse space; High dock doors; Three restrooms
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