5625-5653 Shelby Dr Memphis, TN 38141
- Warehouses
- 38,400 SF
- 2.58 lot acres
Current Use by Public Records
- Warehouses
Property Details for 5625-5653 Shelby Dr
- Lot size
- 2.58 lot acres
- Property size
- 38,400 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional industrial property, located at 5625-5653 E Shelby Dr in Memphis, Tennessee, presents a significant investment opportunity. The 38,400 square foot building sits on a 2.58-acre lot and offers a versatile layout suitable for distribution, flex, or warehouse operations. The property features 19,200 square feet of net rentable space, complemented by 2,500 square feet of renovated office space including a breakroom. The warehouse boasts 14-foot clear ceilings and five dock-high doors, including one with a ramp, ensuring efficient loading and unloading. Its strategic location provides easy access to the BNSF railway and Memphis International Airport, enhancing logistical advantages. Recent improvements include new interior and exterior doors, updated exterior lighting and paint, refreshed office carpet, and fresh office paint. The property is offered for sale at $2,550,000 under a triple net lease (NNN) arrangement with multi-tenant occupancy. This is a single-story building in Shelby County, zip code 38141.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8754
- Latitude
- 35.0199
