Search
Warehouse/Shop on 5.44 Acres
For Lease
Contact for pricing

2964 S 3rd St, Memphis, TN 38109

15,000 SF warehouse/shop on 5.44 acres for lease/sale.

Space Size15,000 SF
Lot Size5.44 Acres
Days on Market660

Property Features for 2964 S 3rd St

General Information

Standard status Active
Size 15,000 SF
Lot size 5.44 Acres
Property subtype Industrial

Building Details

Building Size 15,000 SF
Tenancy Multiple

Spaces For Lease

at 2964 S 3rd St Contact us

Available Space

Size
15,000 SF
Type
Industrial
Availability
Active
Contact us
Listing Agency: NAI Saig Company
Listed By: Henry Webb · License #TN 351393
Source: Crexi
Added: Nov 8, 2024 Changed: Aug 25 Last Checked: Aug 29 at 6:21PM

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 NAI Saig Company

Investment Insights

Based on property information with market context.

A 15,000 SF warehouse/shop is available for lease or sale. The property is situated on approximately 5.44 acres. It is fully fenced and lit. The location is less than one mile from the I-55 interchange on Highway 61.

Key Highlights

  • 15,000 SF warehouse/shop available for lease or sale.
  • Situated on ± 5.44 acres.
  • Located under one mile from the I‑55 interchange on Hwy 61 for easy access.

Property Analytics

Current Use

Distribution Solutions Distribution Center

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Parking Lot & Garage Storage Facility Kitchen & Bath Showroom

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

191
Businesses Nearby
Balanced
Demand for This Use

Demographics for 38109, TN

42,437
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
59.7 sq mi
ZIP Area
711
Density / Sq Mi
$36,934
Median Household Income
$30,780
Median Earnings
$1,000
Median Rent
$76,600
Median Home Value

Market

Lease Benchmarks for Memphis, TN

$10.64 /SF/Yr
Avg Asking Price
$7.5–$12 /SF/Yr
Price Range
72,822 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Warehouse - 15,000 SF warehouse/shop on 5.44 acres for lease/sale.
Where is this warehouse located?
The property is located at 2964 S 3rd St Memphis, TN.
What are key features of this property?
This property features: 15,000 SF warehouse/shop available for lease or sale.; Situated on ± 5.44 acres.; Located under one mile from the I‑55 interchange on Hwy 61 for easy access.
(901) 526-3100 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message