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    1600 Century Center Pkwy Memphis, TN 38134

    For Lease
    Contact for pricing

    Large Warehouse Space Available Now

    Lot size:
    94,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional industrial warehouse property, located at 1600 Century Center Parkway in Shelby County, offers a substantial 94,000 square feet of space, currently configured as a single suite. A significant portion of the building, totaling 19,000 square feet, is immediately available for lease. The warehouse boasts a generous 25-foot ceiling height, providing ample vertical storage capacity. Convenient loading and unloading is facilitated by one dock-high door and one drive-in door. The property is classified as multi-tenant, although the entire building is currently under a single occupancy. The current sublease agreement expires on March 31, 2026, presenting a unique opportunity for a tenant seeking a substantial space with immediate availability. This prime location in Shelby County offers excellent access to major transportation routes, making it an ideal choice for businesses requiring efficient logistics and distribution capabilities. The substantial square footage, high ceilings, and convenient loading features make this warehouse suitable for a wide range of industrial and commercial uses. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The property is categorized as industrial, with a warehouse subtype, and is suitable for commercial use.

    Property Features for 1600 Century Center Pkwy

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    94,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    19,000 SF

    HighLights

    • Industrial warehouse totaling 94,000 square feet.
    • Single‑tenant building with 19,000 square feet currently available for sublease.
    • Sublease expires March 31, 2026.
    • 25‑foot ceiling height.
    • One dock‑high door and one drive‑in door.
    • Located in Shelby County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Baptist Home Medical ... Medical Equipment Supplier Discount Trophy Mti Trophy Shop Skilled Respiratory Home ... Home Health Care Service Clear Channel Outdoor Media Company SES - Security Equipment ... Wholesaler

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8450626
    Latitude
    35.1692274

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    FAQs

    What type of property is this?
    Distribution property - Large Warehouse Space Available Now
    Where is this distribution property located?
    The property is located at 1600 Century Center Pkwy Memphis, TN.
    What are key features of this property?
    This property features: Industrial warehouse totaling 94,000 square feet.; Single-tenant building with 19,000 square feet currently available for sublease.; Sublease expires March 31, 2026.
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    1600 Century Center Pkwy Memphis, TN 38134
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    Memphis, TN 38134
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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
    1600 Century Center Pkwy Memphis, TN 38134
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