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    Business Pt Ctr Memphis, TN 38115

    For Lease
    $8 SF/Yr

    Shelby County industrial space for lease; multiple suites.

    Lot size:
    287,482 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    East Business Point Center offers a prime opportunity for businesses seeking flexible industrial space in Shelby County. This multi-tenant property encompasses a total of 287,482 square feet, providing a range of options to suit various needs. Four individual suites are available, with a minimum divisible space of 7,260 square feet and a maximum contiguous space of 28,880 square feet. Currently, 68,588 square feet is vacant and ready for immediate occupancy. The property is classified as both flex and warehouse space, catering to a diverse range of commercial uses. The asking lease rate is $8 per square foot. Located within a business park, this property offers convenient access to amenities and infrastructure. The building's design allows for adaptability, making it suitable for companies requiring a blend of office and warehouse space. This is an excellent opportunity to secure high-quality industrial space in a desirable location. The property's size and layout offer significant flexibility for businesses of various scales, from smaller startups to larger enterprises. Contact us today to learn more about leasing opportunities and explore the potential of East Business Point Center.

    Property Features for 0 Business Pt Ctr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    287,482 SF
    Total Rate
    191654.67

    Unit(s) available at that property

    Space
    3965 S Mendenhall
    Size
    7,260 SF
    Rate per SF
    $8
    Space
    3965 S Mendenhall Road Available Space 2
    Size
    22,273 SF
    Rate per SF
    $8
    Space
    3915 Mendenhall Rd
    Size
    28,880 SF
    Rate per SF
    $8
    Space
    3965 S Mendenhall Road Available Space 1
    Size
    9,785 SF
    Rate per SF
    $8

    HighLights

    • Industrial property totaling 287,482 square feet.
    • Four suites available, ranging from 7,260 to 28,880 contiguous square feet.
    • 68,588 square feet currently vacant.
    • Located in Shelby County.
    • Asking lease rate: $8 per square foot, modified gross.
    • Multiple tenancy options available in a business park setting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8638109
    Latitude
    35.0587538

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    FAQs

    What type of property is this?
    Distribution property - Shelby County industrial space for lease; multiple suites.
    Where is this distribution property located?
    The property is located at Business Pt Ctr Memphis, TN.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Industrial property totaling 287,482 square feet.; Four suites available, ranging from 7,260 to 28,880 contiguous square feet.; 68,588 square feet currently vacant.
    Request Owner's contact information
    Business Pt Ctr Memphis, TN 38115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Business Pt Ctr Memphis, TN 38115
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