5,000± SF Industrial Building with Immediate access… — Lease in Memphis, TN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Memphis, TN 38118

Description

Industrial | For Sublease: 5,000 SF Colliers presents this 5,000± square foot idustrial building on 1.91± acres at 4871 E. Shelby Drive in Memphis, Tennessee for Sublease. This is a clear-span building with a drive-in door Key Facts Square feet: 5,000 SF Lease expiration: 05/31/2027

Market Context

This industrial in Memphis, TN is listed for lease. It has been on the market for 175 days. Compare it against other industrial listings for lease in Memphis, TN — view the full market.

As of Q1 2026, the Memphis industrial market showed rents up 5.0% year over year, and cap rates around 16.0%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Industrial market FAQ

What is the typical cap rate for industrial in Memphis?
About 16.0% as of Q1 2026, per multiple brokerage reports.

Estimated Market Rate

$1.10/SF/mo – $1.48/SF/mo

Mid: $1.29/SF/mo

Cost-of-business estimate only; rate estimator unavailable.

Based on comparable properties in similar markets rather than local sales.

Contact

Explore this market

Similar Industrial Property for Lease in Memphis, TN