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Property profile & analytics
FOR LEASE
Industrial properties

1600 Century Center Pkwy Memphis, TN 38134

93,788 SF 5.01 ac lot Built 1996
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US80-1241473
No photos on file
For Lease
Contact for pricing
1600 Century Center Pkwy, Memphis, TN 38134
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Property summary
AI-generated overview

This exceptional industrial warehouse property, located at 1600 Century Center Parkway in Shelby County, offers a substantial 94,000 square feet of space, currently configured as a single suite. A significant portion of the building, totaling 19,000 square feet, is immediately available for lease. The warehouse boasts a generous 25-foot ceiling height, providing ample vertical storage capacity. Convenient loading and unloading is facilitated by one dock-high door and one drive-in door. The property is classified as multi-tenant, although the entire building is currently under a single occupancy. The current sublease agreement expires on March 31, 2026, presenting a unique opportunity for a tenant seeking a substantial space with immediate availability. This prime location in Shelby County offers excellent access to major transportation routes, making it an ideal choice for businesses requiring efficient logistics and distribution capabilities. The substantial square footage, high ceilings, and convenient loading features make this warehouse suitable for a wide range of industrial and commercial uses. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The property is categorized as industrial, with a warehouse subtype, and is suitable for commercial use.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1996
Total area 93,788 SF
Lot 5.01 ac (218,236 SF)
Zoning code RU-2
APN 089-046- - -00023
UPID US80-1241473
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
Current use
Occupant on record · Public records
  • Baptist Home Medical Equipment Production Facility
  • Discount Trophy Mti (Bike/Boat/Book/etc) Store
  • Skilled Respiratory Home Care Home Health Care Service
  • Clear Channel Outdoor Media Distribution
  • SES - Security Equipment Supply Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Plymouth Century Center Parkway Tn · 1 yrs held
Plymouth Century Center Parkway Tn
since 2024
Last sale
$47.7M
7 recorded transactions
2024
Price N/A
2024
$47.7M
2019
$120.0M
2017
$7.2M
2015
$5.0M
2005
$4.2M
2005
Price N/A
Zoning & alternative use
RU-2 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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