Contacts
Andy Cates
Property Details
- Property Type Other
- Lot Size 127 SF
- Date Updated Apr 30, 2024
This property is an excellent opportunity for a speculative industrial development. This site, currently zoned industrial, allows easy access to I-269 and other major roadways. Marshall County has become a major distribution submarket for the Memphis MSA. The completion of I-69, joining I-22, Hwy. 72 and Hwy. 302, has changed distribution patterns that have shaped the dynamics of industries seeking a competitive advantage in the Memphis market. With players including Pepsi, Barrett Distribution, Milwaukee Tool, Niagara, McCormick, Nike, Asics and Exel expanding their distribution presence, the area is poised for continued growth and offers an excellent option for industrial uses.
The Marshall County submarket consists of 19.6 million square feet of Class A product with a current vacancy rate of 11.8%. During the past five years, Marshall County has expanded its industrial portfolio with approximately 12 million square feet of new Class A product. Developers completed 3.8 million square feet of BTS product over recent years, including Kellogg, Hamilton Beach, Milwaukee Tool, Baxter and Corelle Brands.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
-
24/100
Bike Score ®
Location
- City Mississippi 38611, MS
- Neighborhood Mount Pleasant
- Zip Code 38611
- Market Memphis
Points of Interest
-
Son's Exxon
7.06 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker