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Executive Summary

Industrial Building for Sale
Ideal for Owner User or Investor
Clear Height Range: 18'-20'
94,500 Feet Total Divisible As Follows:
Suite 1A: 26,500 SF
5 Dock High Doors
1 Drive-in Door
50 ft Column Spacing
Ceiling Height: 20 ft
Suite 1B: 22,000 SF
7 Dock High Door
1 Drive-in Door
Suite 1C: 46,000 SF
100% Climate controlled
10 Dock High Doors
1 Drive-in Door
Suites Can Be Combined for a Total of 94,500 SF

Property Facts

Price $4,500,000
Price Per SF $47.62
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 4.74 AC
Rentable Building Area 94,500 SF
No. Stories 1
Year Built 1987
Parking Ratio 0.95/1,000 SF
Clear Ceiling Height 19’
No. Dock-High Doors/Loading 22
No. Drive In / Grade-Level Doors 3
Cross Streets S Mendenhall Rd
Zoning IL - Industrial

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - 1C
  • 46,000 SF
  • Industrial
  • Full Build-Out
  • Now

This industrial property offers a total of approximately 94,500 square feet available for lease, with flexible configurations across three suites. Suites 1A, 1B, and 1C can be leased individually or combined to accommodate larger operational needs. The building features clear heights ranging from 18 to 20 feet, providing ample vertical space for warehousing and distribution. Each suite is equipped with multiple dock-high doors and at least one drive-in door, ensuring efficient loading and unloading capabilities. Column spacing of 50 feet and a ceiling height of 20 feet enhance maneuverability and storage options. Located in Memphis, the property benefits from proximity to major transportation routes, supporting regional and national distribution. This facility is well-suited for logistics, manufacturing, or storage operations seeking a functional and accessible location.

Space Size Space Use Condition Available
1st Fl - 1C 46,000 SF Industrial Full Build-Out Now

1st Fl - 1C

Size
46,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Fl - 1C

Size 46,000 SF
Space Use Industrial
Condition Full Build-Out
Available Now

This industrial property offers a total of approximately 94,500 square feet available for lease, with flexible configurations across three suites. Suites 1A, 1B, and 1C can be leased individually or combined to accommodate larger operational needs. The building features clear heights ranging from 18 to 20 feet, providing ample vertical space for warehousing and distribution. Each suite is equipped with multiple dock-high doors and at least one drive-in door, ensuring efficient loading and unloading capabilities. Column spacing of 50 feet and a ceiling height of 20 feet enhance maneuverability and storage options. Located in Memphis, the property benefits from proximity to major transportation routes, supporting regional and national distribution. This facility is well-suited for logistics, manufacturing, or storage operations seeking a functional and accessible location.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
09-3400-0-0608
Land Assessment
$97,880
Improvements Assessment
$1,758,680
Total Assessment
$1,856,560
  • Listing ID: 37959048

  • Date on Market: 10/6/2025

  • Last Updated:

  • Address: 5445 Raines Rd, Memphis, TN 38115

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