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Class A Distribution Facility Space
For Lease
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699 Research Drive, Southaven, MS 38672

State-of-the-art distribution facility in Olive Branch, Mississippi.

Space SizeContact for details
Days on Market272

Property Features for 699 Research Drive

General Information

Standard status Active
Property subtype Industrial
Listing Agency: CBRE - Memphis
Listed By: Patrick Walton · License #309706
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 20 Last Checked: Aug 20 at 12:59PM

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.

Available for lease is space within a Class A distribution facility. The property features tilt-wall construction and a multi-tenant design. It offers a clear height of 30 to 32 feet and an average of 5% office finish. T-5 lighting and ESFR fire protection systems are in place. Additional trailer storage is available. The facility is strategically located less than one mile from both I-55 and US Highway 51 in Olive Branch, Mississippi, providing easy access to Memphis' FedEx and UPS sorting hubs via direct access to I-55. This location is suitable for regional distribution.

Key Highlights

  • Strategic location less than one mile from I‑55 and US Highway 51.
  • Easy access to Memphis' FedEx and UPS sorting hubs via I‑55.
  • State‑of‑the‑art Class A distribution facility.

Property Analytics

Current Use

J Hunt Home Interior Design Jim Co Lamp ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm HVAC Service Building Supply Furniture & Home Goods Barber Shop (Bike/Boat/Book/etc) Store

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

250
Businesses Nearby

Demographics for 38672, MS

15,866
Population
5,999
Households
2.6
Avg Household Size
38
Median Age
38%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
1,220
Density / Sq Mi
$110,665
Median Household Income
$51,471
Median Earnings
$2,197
Median Rent
$290,600
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
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Frequently Asked Questions

What type of property is this?
Distribution center - State-of-the-art distribution facility in Olive Branch, Mississippi.
Where is this distribution center located?
The property is located at 699 Research Drive Southaven, MS.
What are key features of this property?
This property features: Strategic location less than one mile from I‑55 and US Highway 51.; Easy access to Memphis' FedEx and UPS sorting hubs via I‑55.; State‑of‑the‑art Class A distribution facility.
More about this property
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