Southpoint II Sublease — Lease in Memphis, TN

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

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Southpoint II Sublease — Lease in Memphis, TN, photo 2 of 3
Southpoint II Sublease — Lease in Memphis, TN, photo 3 of 3

Description

Sublease Opportunity Near Memphis' Major Thoroughfares

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.

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