4200 Lamar Ave Memphis, TN 38118-6918
This exceptional flex space, located at 4200 Lamar Avenue in Shelby County, offers a versatile 2,145 square foot unit perfect for a variety of businesses. Situated within a larger 9,703 square foot industrial building, this space boasts a convenient layout including a reception area, one private office, and one private restroom. The warehouse area features a dock-high door, providing easy access for loading and unloading. The asking rent is $7.83 per square foot, translating to a monthly rent of $1,600. This prime location offers unparalleled convenience, with proximity to the BNSF Intermodal Railway and Memphis International Airport, ensuring efficient transportation and logistics. The property is currently available for lease as a single unit within a multi-tenant building. This is an excellent opportunity for businesses seeking a functional and strategically located space to establish or expand their operations. The property's industrial classification and flex space designation provide adaptability for a wide range of uses. The combination of office and warehouse space makes it ideal for businesses requiring both administrative and storage areas. The convenient access to major transportation hubs further enhances its appeal. This space presents a compelling opportunity for businesses seeking a well-appointed and strategically located industrial property in Memphis.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
EMP · Memphis, TNMemphis. Always verify with local authorities before improvements.
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.