0 Airport Business Park Memphis, TN 38118
This exceptional Memphis, Tennessee property, located in the Airport Business Park (zip code 38118), offers a diverse range of commercial spaces ideal for various business needs. The 235,000 square foot building features a blend of retail, office, and industrial space, categorized as creative office, flex, storefront, and warehouse/distribution. Multiple tenancies are available, with a minimum divisible space of 12,119 square feet and a maximum contiguous space of 13,480 square feet. Currently, 25,599 square feet is vacant and ready for immediate occupancy. Five individual spaces ranging from 3,499 to 13,480 square feet are currently available. The property sits on a 1.7-acre lot in Shelby County, providing ample space and excellent visibility. Its strategic location near the airport ensures convenient access for employees and clients alike. This versatile property presents a unique opportunity for businesses seeking a high-profile location with flexible space options to accommodate diverse operational needs. The property's diverse space options make it suitable for a wide range of businesses, from creative agencies to light industrial operations. The combination of prime location, ample space, and flexible configurations makes this a compelling investment opportunity in a thriving Memphis market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.