610 Monroe Ave Memphis, TN 38103
For Lease
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This exceptional 12,946-square-foot property at 610 Monroe Avenue in Memphis, Tennessee, presents a unique investment opportunity. Located in Shelby County's burgeoning Edge District, this Class B building offers a blend of industrial and office space, ideal for a variety of businesses. Built in 1997, the property features a flexible layout suitable for multiple tenants or a single large occupant. The building is currently fully vacant, providing immediate occupancy for a new owner or lessee. Two suites are available, with a minimum divisible space of 5,362 square feet and a maximum contiguous space of 7,584 square feet. The property's versatile design caters to diverse needs, encompassing executive office, manufacturing, flex, warehouse, and distribution uses. Its strategic location between Downtown and Midtown Memphis offers excellent access to major transportation routes and a thriving workforce. This is a rare chance to acquire a substantial, multi-use property in a rapidly developing area of Memphis, offering significant potential for growth and return on investment. The property's 38103 zip code ensures convenient access to amenities and a strong local economy. The building's total square footage is 12,946, providing ample space for expansion or multiple tenants. This is a prime opportunity to establish a strong presence in a dynamic Memphis neighborhood.
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Asia Sourcing Corporation Importer Plastic Fabrication Company
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
CBD · 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.