1670 Century Center Pkwy Memphis, TN 38134
- Office buildings
- 38,200 SF
- 5.67 lot acres
Current Use by Public Records
- Amelia G. Anderson, PharmD / Pharmacy
- Delgado Portable Toilets / Portable Toilet Supplier
Property Details for 1670 Century Center Pkwy
- Year built
- 2004
- Lot size
- 5.67 lot acres
- Property size
- 38,200 SF
- Zone code
- RU-2
- Property type
- Office buildings
- APN
- 089-046- - -00036
- APU
- 8904600036
Description
This exceptional 33,688-square-foot warehouse space, located within the Century Center Building G in Shelby County, presents a unique leasing opportunity. Currently available as a single unit, this industrial property offers impressive flexibility, with divisibility options into two spaces: 14,882 square feet or 18,806 square feet, catering to diverse business needs. The building boasts a prime location, offering convenient access to Bartlett, Cordova, and East Memphis, ensuring seamless connectivity for employees and clients. Enjoy the benefits of a business park setting, surrounded by top-tier corporate neighbors, fostering a professional and productive environment. Security is a top priority, with 24/7 roving security and multiple SkyCop cameras providing peace of mind. The single-story building features an open floor plan, an inviting reception area, and a large breakroom, enhancing employee comfort and collaboration. Additional amenities include a powerful 500 kW generator for reliable power and prominent building signage opportunities for increased brand visibility. Ample parking is provided with 202 dedicated spaces, offering a generous 6 spaces per 1,000 square feet of leased space. The property is professionally managed and maintained, ensuring a smooth and efficient operational experience. This is an ideal location for businesses seeking a modern, secure, and well-equipped warehouse space in a thriving commercial area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,880,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,160,000
- 6.5%
- $2,155,000
- 7%
- $2,405,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,405,000
- Geo Method
- $2,435,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,595,000
- Retail
- $2,075,000
- Mixed-Use
- $2,095,000
- Hospitality
- $2,510,000
- Educational
- $2,710,000
- Residential Income
- $2,170,000
- Energy
- $2,580,000
- Income-Based Land
- $2,405,000
- Food Service
- $2,690,000
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8419
- Latitude
- 35.171
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
