Industrial Property for 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 127 days. Compare it against other industrial listings for lease in Memphis, TN — <a href="/search/lease/industrial/tennessee/memphis">view the full market</a>.

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

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 Consensus.

Unified Estimate

Very Low Confidence

$0.97/SF/mo – $1.31/SF/mo

Mid: $1.14/SF/mo

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

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market orlando (similarity: 100%) with 25 comparable listings.

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