Perimeter Point Business Center

For Lease

5125 & 5175 Elmore Road, 5115 Covington Way, 2170 & 2175 Business Center Drive, 2165 Spicer Cove, Memphis, TN 38134

Perimeter Point Business Center currently offers 3 industrial space(s) for rent. The property type is designated as industrial. Use types among leasing opportunities at this property include industrial and flex - industrial. The minimum space size listed is 2,177 square feet. Lease type options include Modified Gross. Expand the individual listing section(s) below or reach out to the property representative(s) for additional information on leasing opportunities at Perimeter Point Business Center.

Space Available For Lease 3

Contacts

Brian Califf

NAI Saig Company

Property Details

  • Property Type Industrial - Flex - Industrial
  • Property Size 131,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1987
  • Date Updated Jun 5, 2026
  • HVAC None
The business park is six buildings located in the block created by Covington Way, Elmore Road and Spicer Cove. It is conveniently near the intersection of I-240 & I-40 off Covington Pike.Perimeter Point Business Center is an attractive 131,000 square-foot business park in Northeast Memphis. It features both office space and showroom/warehouse space including grade-level and roll-up doors. This six building campus is conveniently located near the intersection of I-240 and I-40 off Covington Pike making it an ideal location for a regional sales and service office.
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Highlights

  • Ample parking
  • Central locations to service Memphis MSA
  • Conveniently located near the intersection of I-240 & I-40 off Covington Pike
  • Professionally and locally Mmnaged
  • Small 1-2 person offices starting at 250 SF
  • Small to mid-sized office / flex spaces with warehouse from 1,000 - 9,000 SF

Attachments

Getting around

  • 39/100

    Walk Score ®

  • 22/100

    Transit Score ®

  • 39/100

    Bike Score ®

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Location

  • City Memphis, TN
  • Neighborhood Raleigh
  • Zip Code 38134
  • Market Memphis

Points of Interest

  • Cleveland Street

    7.76 miles

  • Pauline

    8.33 miles

  • Dunlap

    8.50 miles

  • Orleans

    8.76 miles

  • Danny Thomas

    9.02 miles

  • North End

    9.04 miles

  • Overton

    9.11 miles

  • Convention Center

    9.23 miles

  • Pyramid

    9.25 miles

  • Third Street

    9.30 miles

  • BP

    1.14 miles

  • Exxon

    1.63 miles

  • Mobil

    1.70 miles

  • Shell

    1.85 miles

  • Valero

    2.13 miles

  • Marathon

    2.43 miles

  • Citgo

    2.51 miles

  • ChargePoint

    4.90 miles

  • Tesla Supercharger

    6.28 miles

  • Take 5 Car Wash

    2.82 miles

  • Exxon Hop In

    3.18 miles

  • Jolly Wash

    3.25 miles

  • Enterprise

    5.36 miles

  • CAR WASH

    5.66 miles

  • Tidal Wave Auto Spa

    5.71 miles

  • Glide Xpress

    6.06 miles

  • BP

    6.58 miles

  • Sunshine Carwash

    6.92 miles

  • Car Wash USA Express

    7.01 miles

  • McDonald's

    0.23 miles

  • Domino's

    1.21 miles

  • Ali Baba

    1.24 miles

  • Krystal

    1.65 miles

  • Taco Bell

    1.68 miles

  • Side Porch Steak House

    1.71 miles

  • Brad's Bar B Q Bartlett

    1.84 miles

  • Elena's Taco Shop

    1.85 miles

  • El Patron Authentic Mexican Restaurant

    1.85 miles

  • Sonic

    1.87 miles

5125 & 5175 Elmore Road, 5115 Covington Way, 2170 & 2175 Business Center Drive, 2165 Spicer Cove Listing Brief

  • The rental rate for available space here starts at $$12.00/SF/YR. The asking price for this type of property can vary based on the location of the asset, as proximity to transportation hubs, access to highways or ports plays a key role in the building's valuation. Other factors that influence cost are the property age, its quality rating (building class or property class), as well as its on-site facilities and features.

  • Completed in 1987, the property at 5125 & 5175 Elmore Road, 5115 Covington Way, 2170 & 2175 Business Center Drive, 2165 Spicer Cove incorporates 131,000 square feet. It is available for lease as Multi-Tenant space.

    A single-tenant industrial space is typically ideal for businesses or organizations that require exclusive and dedicated use of the entire facility. This type of space suits industries or activities that demand specialized infrastructure, privacy, and control over the entire premises.

    Multi-tenant space is ideal for businesses that need smaller spaces or that want to share the property with other businesses. The property has a variety of smaller units available, ranging in size from 2,177 to 5,250 square feet.

  • Reach out to listing brokers or property representatives using the contact form available on this page, to find out more about climate control and other essential systems at this property. Climate control is typically used in industrial buildings where businesses store items that are susceptible to temperature and humidity damage, such as food, pharmaceuticals, paper, textiles, and electronics.

Contact Listing Broker
Brian Califf

NAI Saig Company

  1. 1Main information
  2. 2Extra information
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