Industrial Warehouse for Sublease — Lease in Memphis, TN

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

Description

Industrial | For Sublease: 70,000 SF Colliers presents this 70,000 Industrial Warehouse for Sublease. The building includes a 2,200± square foot office area, 30' clear height, 14 (8’ W x 10’ H) dock doors with pit leve Key Facts Features 70,000 SF Clear height: 30’ Dock doors: 14 (8’ W x 10’ H) with pit levelers Drive-thru door: 1 (12’ W x 14’ H) Lights: LED motion Office area: 2,200± SF Column spacing: 50’ x 50’ Sprinkler: ESFR Primary lease expiration: 09/30/2027 Sublease: $3.85/SF NNN 70,000 SF Clear height: 30’ Dock doors: 14 (8’ W x 10’ H) with pit levelers Drive-thru door: 1 (12’ W x 14’ H) Lights: LED motion Office area: 2,200± SF Column spacing: 50’ x 50’ Sprinkler: ESFR Primary lease expiration: 09/30/2027 Sublease: $3.85/SF NNN Clear height: 30’ Dock doors: 14 (8’ W x 10’ H) with pit levelers Drive-thru door: 1 (12’ W x 14’ H) Lights: LED motion Office area: 2,200± SF Column spacing: 50’ x 50’ Sprinkler: ESFR Primary lease expiration: 09/30/2027 Sublease: $3.85/SF NNN

Market Context

This industrial in Memphis, TN is listed for lease. It has been on the market for 176 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.

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