691-699 Dr Martin Luther King Jr Ave Memphis, TN 38126
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.
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
Similar Nearby for Sale
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.