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Property profile

0 Airport Business Park Memphis, TN 38118

OFF-MARKET
Warehouses
235,000 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Total area 235,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Airport Business Park Memphis, TN 38118
Memphis metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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