4290/4292 East Raines Road Portfolio

For Sale$5,000,000

4290 East Raines Road, Memphis, TN 38118

  • Industrial

4290/4292 East Raines Road Portfolio, Memphis, TN 38118 - Industrial Space

4290/4292 East Raines Road Portfolio is located at 4290 East Raines Road in the Parkway Village neighborhood, TN, Memphis, 38118. The Class B Industrial building was completed in 1979 and features a total of 230,000 Sqft.

There are 5 industrial spaces for lease in the Parkway Village neighborhood, totaling 121,474 Sqft of available industrial space. The industrial space availability for the 38118 zip code is 920,786 Sqft, in 10 industrial spaces.

In Parkway Village, there are 178 class B industrial buildings. In 1979, the same year 4290/4292 East Raines Road Portfolio was built, 27 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Memphis, featuring 2,485,612 square feet of commercial space. At zip code level, there are 267 commercial properties, of which 257 are industrial buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • Sale Price $5,000,000
  • City Memphis
  • Neighborhood Parkway Village
  • Zip Code 38118
  • Market Memphis
  • Property Type Industrial
  • Property Size 230,000 Sqft
  • Parking Spaces Avail. 123
  • Parking Ratio 0.53/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1979
  • Year Renovated 2019
  • Date Updated 02 Apr, 2020
  • Construction Type Steel/Concrete Tilt Walls
  • Clear Height 22' - 22'
  • Dock Doors 59
  • Grade Level Doors 6
  • Office Build-Out 7,500 Sqft
  • Column Spacing 50'x50' Feet
  • Fire Sprinklers Yes
  • Construction Type Steel/Concrete Tilt Walls

Description

4290 and 4292 E Raines Road properties are being sold as a portfolio. Located in the Southeast Industrial market, on 19.16 acres.

4290 E Raines has 230,000 SF building is a multi-tenant warehouse/distribution facility. Featuring 22' clear height ceilings, 48 dock doors, 50' x 50' column spacing and 125' asphalt truck court with concrete truck aprons/ dolly pads.

4292 E Raines has 47,500 SF building is a multi-tenant warehouse/distribution facility. Featuring 22' clear height ceilings, 11 dock doors, 50' x 50' column spacing and 75' asphalt truck court with concrete truck aprons/ dolly pads. Property has a security fence with automatic gate

Highlights

  • Rail Served

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 4290/4292 East Raines Road Portfolio?

4290/4292 East Raines Road Portfolio totals 230,000 square feet.

When was this property built?

4290/4292 East Raines Road Portfolio was built in 1979.

Parkway Village Demographics

The average household income in zip code 38118 is $42,729, from a total of 12,911 households. In terms of employment, there are 57.56 % white-collar and 42.44 % blue-collar jobs in zip code 38118.

Population

  • Total Population28,949
  • Male Population(46.8 %) 13,551
  • Female Population(53.2 %) 15,398
  • Median Age31.00

Income/Financial

  • Average Household Income$44,633
  • Median Household Income$41,304
  • Median Income Under 25$25,176
  • Median Income 25-44$38,212
  • Median Income 45-64$46,490
  • Median Income Over 65$38,882

Attachments

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Hank Martin

NAI Saig

Broker

(901) 526-3100

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