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

Listed By: Patrick Walton · License #309706 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 18 Last Checked: Aug 20 at 9:47AM

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Investment Insights

Based on property information with market context.

This 140,400 square foot distribution center is strategically located at Turman Drive in Southaven, Mississippi, between I-55 and US-51. The property is situated in the Memphis Metropolitan Statistical area, approximately seven miles from Memphis International Airport.

Key Highlights

• Strategic location between I‑55 and US‑51.
• Located in Southaven, Mississippi.
• Located in the Memphis Metropolitan Statistical area.

Property Analytics

Property Profile

Current Use

Distribution properties

Suggested Use

Top Pick HVAC Service Auto Repair Shop Restaurant Accounting Firm

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

4

Businesses Nearby

Explore this area Business Placement

Demographics for 38654, MS

56,730

Population

21,437

Households

2.6

Avg Household Size

39

Median Age

32%

College-Educated

94%

High-School Grad

91.8 sq mi

ZIP Area

618

Density / Sq Mi

$99,481

Median Household Income

$49,235

Median Earnings

$1,570

Median Rent

$284,400

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this distribution properties located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Distribution property - 140,400 SF distribution center in Southaven, Mississippi.

Where is this distribution property located?

The property is located at 6332 Commercial Drive Olive Branch, MS.

What are key features of this property?

This property features: Strategic location between I‑55 and US‑51.; Located in Southaven, Mississippi.; Located in the Memphis Metropolitan Statistical area.