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4001 Airways Blvd

Off-Market

4001 Airways Blvd, Memphis, TN 38116

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  • Property Type Office - General Office
  • Property Size 521,286 SF
  • Lot Size 5.61 Acre
  • Parking Spaces Avail. 3127
  • Parking Ratio 6.00 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1985

Location

  • Walk Score ® Car-Dependent (2)
  • Transit Score ® Minimal Transit (19)
  • Bike Score ® Somewhat Bikeable (30)
Powered by Walk Score ®
  • City Memphis, TN
  • Neighborhood Whitehaven
  • Zip Code 38116
  • Market Memphis

Points of Interest

Cleveland Street

6.79 miles

Pauline

7.00 miles

Memphis Central Station

7.16 miles

Butler

7.25 miles

Dr. Martin Luther King, Jr.

7.46 miles

Beale Street

7.54 miles

Third Street

7.63 miles

Madison

7.78 miles

South Court

7.83 miles

Pyramid

8.35 miles

Phillips 66

1.73 miles

Shell

3.68 miles

Shell

6.46 miles

Mobil

6.55 miles

Exxon

6.56 miles

Exxon

6.61 miles

K Circle

6.61 miles

Kroger

7.05 miles

ChargePoint

7.61 miles

Tesla Supercharger

8.69 miles

Overton Square Garage

6.48 miles

FedEx Forum Parking Garage

7.29 miles

Toyota Center Parking Garage

7.65 miles

AutoZone Store Support Center Garage

7.66 miles

One Commerce Square Garage

7.66 miles

First Tennessee Bank Parking Garage

7.67 miles

Parking Can Be Fun

7.69 miles

First United Methodist Church

8.04 miles

Hospital Visitors and Medical Plaza 1 & 2 Garage

9.77 miles

Valet Lot

9.88 miles

Motel 6 Memphis - Graceland

1.49 miles

Comfort Inn & Suites

1.81 miles

Holiday Inn Memphis Airport Hotel & Conference Center

1.93 miles

Holiday Inn Express & Suites Memphis Arpt Elvis Presley Blv

1.94 miles

Super 7 Inn Memphis Graceland

2.13 miles

Extended Stay America - Memphis - Airport

2.30 miles

Economy Inn

2.63 miles

Airways Inn

2.70 miles

Liberty Inn

3.52 miles

Inland Suites Lamar

3.72 miles

Checker's

1.72 miles

KFC

1.72 miles

Tom's Barbecue

3.37 miles

Payne's BAR-B-Q

5.26 miles

Panera Bread

6.36 miles

Los Compadres

6.51 miles

Dunkin'

6.55 miles

Bogie's Deli

6.58 miles

Osaka Fusion Bistro

6.58 miles

Baskin-Robbins Ice Cream

6.67 miles

Mid-South Christian College

5.03 miles

Hanley Elementary School

5.07 miles

Lords Tabernacle Christian Academy

5.62 miles

LeMoyne-Owen College

5.65 miles

University of Memphis - South Campus

5.78 miles

Carver High School

5.90 miles

Christian Brothers University

6.02 miles

The University of Memphis

6.30 miles

Mid-South Bible College

6.31 miles

Memphis Theological Seminary

6.32 miles

Middle Baptist Church Daycare Center

2.88 miles

Fireside Temple Church of God in Christ Day Care Center

4.37 miles

Harris Memorial Day Care and Learning Center

5.03 miles

Saint Jude Day Care Center

5.30 miles

Mount Pisgah Baptist Church Day Care Center

5.65 miles

Union Avenue Baptist Church Child Enrichment Center

6.33 miles

Barbara K Lipman Early Childhood School and Research Institute

6.68 miles

Miriam Child Development Center

6.76 miles

Vollintine Baptist Day Care Center

8.63 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 28 Dec, 2018
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Memphis

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Memphis Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $18.77
  • 2021 Office Vacancy Rate 16.28%
  • 2021 Office Completions (SF) 45,000

Memphis Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $126.18
  • Y-o-Y Avg. PpSF Change 19.02%
  • 2021 Office Sales Volume $183.2M
  • 2021 Number of Transactions 16
View more Memphis market trends

Tax

  • Property Tax in 2022 $925,229
  • Market Value* $37,971,300
  • Assessed Value $37,971,300

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 4001 Airways Blvd?

4001 Airways Blvd totals 521,286 square feet.

When was this property built?

4001 Airways Blvd was built in 1985.

When was 4001 Airways Blvd last sold?

4001 Airways Blvd was last sold on 28 Dec, 2018.

What is the property tax for 4001 Airways Blvd?

The property tax for 4001 Airways Blvd in 2022 was $925,229.

What is the market value for 4001 Airways Blvd?

The market value* for 4001 Airways Blvd in 2022 was $37,971,300.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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