3268 Democrat — Lease in Memphis, TN
- Price: Contact for price
- Listing type: For lease
- Asset type: Industrial Property
- Location: Memphis, TN 38118
- Submarket: Southwest
Photos
Description
220,200 SF Distribution Facility Available for Sublease
Market Context
This industrial in Memphis, TN is listed for lease. Compare it against other industrial listings for lease in Memphis, TN — view the full market.
As of Q1 2026, the Memphis industrial market showed average asking rents near $4.76/SF/yr, and rents up 4.8% year over year. Source: multiple brokerage reports, Q1 2026.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Estimated Market Rate
$0.37/SF/mo – $0.50/SF/mo
Mid: $0.43/SF/mo
Based on comparable properties in similar markets rather than local sales.
By our match to nearby addresses in brokers' reports, this property is in the Southwest submarket, where average warehouse/distribution asking rent was $3.21/SF/yr in Cushman & Wakefield's Q2 2026 report.
Contact
- Patrick Walton · 901 260 1830 · patrick.walton@cbre.com
- Stephanie Allen · 901 260 1051 · stephanie.allen@cbre.com
Explore this market
Similar Industrial Property for Lease in Memphis, TN
- Airport Distribution Center 6 — Contact for price · Memphis, TN
- 4025 Viscount Ave — Contact for price · Memphis, TN
- Shelby Oaks Industrial Park — Contact for price · Memphis, TN
- FlexIndustrial in Memphis, TN — Contact for price · Memphis, TN
- Appling Farms Corporate Park — Contact for price · Memphis, TN
- Southpark Distribution Center — Contact for price · Memphis, TN