Airport Distribution Center 6 — Lease in Memphis, TN

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

Description

Now Available for Sublease, Industrial, located at 3920-3970 Delp St. Available square footage 64,000 SF. Please contact us for further information.

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 Southeast submarket, where average warehouse/distribution asking rent was $4.10/SF/yr in Cushman & Wakefield's Q2 2026 report.

First seen on CREHunt: Sep 23, 2026

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