Bartlett Commercial Property For
7500 Appling Center Dr Memphis, TN 38133
For Sale
Contact for pricing
Pending
Well-located commercial property in Bartlett's thriving business corridor.
Property Size6,000 SF
Days on Market66
Property Features for 7500 Appling Center Dr
General Information
- Standard status
- Pending
- Size
- 6,000 SF
- Property subtype
- Industrial, Office
Listing Agency:
Crye-Leike Commercial Memphis
(901) 758-5670
Listed By:
Jaime Henson · License #TN 344279
Source:
Crexi
Added: May 21
Changed: Jul 10
Last Checked: Jul 24 at 10:37AM
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 Crye-Leike Commercial Memphis
Investment Insights
Based on property information with market context.
The property at 7500 Appling Center Dr. is a commercial property located in Bartlett. It offers convenient access to I-40 and Highway 64, providing connectivity to the Memphis market. The property features a camera security system, electric wrought iron gate, key fob access system, photocell monument signage, and outdoor lighting. It also includes an irrigation system, a laydown/storage yard, oversized roll-up doors, and functional access for equipment, inventory, or fleet operations. The property provides office accommodations with dedicated thermostats for each office and a central vacuum system. The property is suitable for owner-users, investors, or companies seeking expansion space. It has ample parking and functional space configurations. The property size is 6000 square feet.
Key Highlights
- Convenient access to I‑40 and Highway 64 for outstanding connectivity.
- Enhanced security with camera system, electric gate, and key fob access.
- Functional access with oversized roll‑up doors and laydown/storage yard.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.8k | $15.96 |
| − Vacancy | −$8.6k | −$1.44 |
| EGI | $87.1k | $14.52 |
| − OpEx | −$13.1k | −$2.18 |
| NOI | $74.1k | $12.35 |
6,000 SF · lease $15.96/SF/yr · vacancy 9.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.31M
$1.15M – $1.53M
NOI $91,800 @ 7.0% cap · market cap 10.80%
Second Best
Warehouse
$1.06M
$925.9K – $1.23M
NOI $74,070 @ 7.0% cap · market cap 8.71%
Theoretical Best
Office A
$1.77M
$1.55M – $2.07M
NOI $124,128 @ 7.0% cap · market cap 14.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Temperature Inc
HVAC Service
Similar Off Market Nearby
- Sanders Catering — 7195 US-64, Memphis, TN 38133
- Firehouse Subs Appling — 7505 US-64 Suite 109, Memphis, TN 38133
FAQs
What type of property is this?
Flex space - Well-located commercial property in Bartlett's thriving business corridor.
Where is this flex space located?
The property is located at 7500 Appling Center Dr Memphis, TN.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Convenient access to I‑40 and Highway 64 for outstanding connectivity.; Enhanced security with camera system, electric gate, and key fob access.; Functional access with oversized roll‑up doors and laydown/storage yard.
