Memphis, Tennessee, is a prime location for investing in Warehouses For Sale, with its rich history, cultural significance, and strong economy. Warehouses in Memphis offer a unique opportunity for investors to tap into the city's thriving transportation and logistics industry, which is fueled by the world's second-busiest cargo airport. These properties can represent a range of investments, from storage and distribution facilities to manufacturing and production spaces. Memphis' strategic location, with access to the Mississippi River, Interstate 40, and Interstate 55, makes it an ideal hub for businesses that rely on transportation and shipping. The city's amenities, including hospitals, universities, and parks, also contribute to its appeal as a place to live and work. Additionally, Memphis is home to several major corporations, including FedEx, International Paper, and AutoZone, which can provide a steady stream of business opportunities. Overall, Warehouses For Sale in Memphis offer a compelling investment opportunity, with the city's strong economy, infrastructure, and amenities making it an attractive location for businesses and investors alike.
With 23 Warehouses For Sale in Memphis, investors have a range of options to choose from. In addition to Warehouses, Memphis also offers a variety of other property types, including Industrial Properties, which can provide space for manufacturing and production; Land, which can be used for development or investment; Residential Income Homes, which can generate rental income; and Commercial Real Estate, which can provide office or retail space. Each of these property types offers its own unique benefits and opportunities, and investors can choose the one that best fits their needs and goals. Memphis' strong economy, infrastructure, and amenities make it an attractive location for businesses and investors, and its Warehouses For Sale are just one of the many opportunities available in this vibrant city.
What are the key features investors look for in warehouses in Memphis?
When searching for warehouses in Memphis, investors typically look for key features that ensure a strong return on investment, including:
- Average price per square foot, currently at $62 USD, and average size, ranging from 29,836 square feet to 184,990 square feet, to determine the overall value of the property.
- Average cap rate, currently at 4.75%, to gauge the potential return on investment and cash flow.
- Proximity to major transportation hubs, such as the Memphis International Airport, Interstate 40, and Interstate 55, as well as access to the Mississippi River, to facilitate efficient logistics and shipping operations.
What size warehouses are available to buy in Memphis?
Warehouses for sale in Memphis range in size from 29,836 square feet to 184,990 square feet, with an average price per square foot of $62 USD and an average cap rate of 4.75%, offering a variety of options for buyers with different needs and budgets, among the 23 available listings.
How much does it cost to buy a warehouse in Memphis?
When it comes to buying a warehouse in Memphis, the cost can vary greatly depending on factors such as size, location, and condition, but on average, you can expect to pay around $62 USD per square foot, with the average warehouse size being around 29,836 square feet, and the largest available warehouse spanning 184,990 square feet, with a total of 23 warehouse listings available for sale.
