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

Listed By: Stephanie Allen · License #S-51059 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:57AM

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Investment Insights

Based on property information with market context.

This property offers 7,500 square feet of flex and industrial space. Located in Memphis, TN, the property is suitable for a variety of business operations requiring adaptable space.

Key Highlights

• 7,500 SF flex/industrial space available immediately
• Located in Memphis, TN
• For lease

Property Analytics

Property Profile

Current Use

Kaeser Compressors, Inc. Production Facility Sedgwick Claims Management ... Insurance Agency WESCO | Anixter Memphis ... Security Service Wesco Distribution Inc Building Supply Johnson Controls HVAC Service

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Storage Facility Spa & Massage Center Skin Care Clinic

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

196

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 38133, TN

22,482

Population

8,336

Households

2.7

Avg Household Size

37

Median Age

33%

College-Educated

91%

High-School Grad

13.0 sq mi

ZIP Area

1,729

Density / Sq Mi

$82,485

Median Household Income

$46,522

Median Earnings

$1,449

Median Rent

$234,800

Median Home Value

Market

Lease Benchmarks for Memphis, TN

$10.61 /SF/Yr

Avg Asking Price

$7.5–$13.93 /SF/Yr

Price Range

18,021 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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space 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?

Flex space - 7,500 SF flex/industrial space for lease in Memphis, TN.

Where is this flex space located?

The property is located at 6935 Appling Farms Parkway Memphis, TN.

What are key features of this property?

This property features: 7,500 SF flex/industrial space available immediately; Located in Memphis, TN; For lease