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Property profile & analytics
OFF-MARKET
Industrial properties

691-699 Dr Martin Luther King Jr Ave Memphis, TN 38126

11,288 SF
Property ID
Property summary
AI-generated overview

This exceptional 11,288-square-foot flex space at 691-699 Dr. Martin Luther King Jr. Avenue in Memphis, Tennessee, presents a unique leasing opportunity. Located in Shelby County, this single-tenant industrial property boasts modern and versatile office spaces designed for optimal functionality. The building offers ample parking, ensuring convenient access for employees and clients. High-speed internet connectivity and customizable floor plans provide flexibility to tailor the space to specific business needs. Tenants will enjoy a range of state-of-the-art amenities, including well-equipped conference facilities, a fitness center, and 24/7 security for peace of mind. The property's prime location in Memphis offers excellent visibility and accessibility, enhancing the overall appeal and convenience for both employees and clients. This exceptional property provides a professional and dynamic work environment designed to foster productivity and business growth, making it an ideal location for businesses seeking a modern and efficient workspace in a thriving Memphis location. The entire 11,288 square feet is currently vacant and ready for immediate occupancy.

Property profile
Verified
Property type Industrial properties
Total area 11,288 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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