Perimeter Point Business Center

5125 & 5175 Elmore Road, 5115 Covington Way, 2170 & 2175 Business Center Drive, 2165 Spice Cove, Memphis, TN 38134

  • For Lease $8.50 - $20.00/SF/YR
  • Property Type Industrial - Flex - Industrial
  • Property Size 131,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1987
  • Date Updated Apr 5, 2024
  • HVAC None
The business park is six buildings located in the block created by Covington Way, Elmore Road and Spicer Cove. It is conveniently near the intersection of I-240 & I-40 off Covington Pike.Perimeter Point Business Center is an attractive 131,000 square-foot business park in Northeast Memphis. It features both office space and showroom/warehouse space including grade-level and roll-up doors. This six building campus is conveniently located near the intersection of I-240 and I-40 off Covington Pike making it an ideal location for a regional sales and service office.

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Attachments

Highlights

  • Small to mid-sized office / flex spaces with warehouse from 1,000 - 9,000 SF
  • Small 1-2 person offices starting at 250 SF
  • Ample parking
  • Central locations to service Memphis MSA
  • Conveniently located near the intersection of I-240 & I-40 off Covington Pike
  • Professionally and locally Mmnaged

Spaces Available

Contacts

broker

Brian Califf

NAI Saig Company

(901) 526-3100

Location

Getting Around

  • Walk Score ®

    39/100 Car-Dependent
  • Transit Score ®

    22/100 Minimal Transit
  • Bike Score ®

    39/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Memphis, TN
  • Neighborhood Raleigh
  • Zip Code 38134
  • Market Memphis

Points of Interest

  • Cleveland Street

    7.76 miles

  • Pauline

    8.33 miles

  • Dunlap

    8.50 miles

  • Orleans

    8.76 miles

  • Danny Thomas

    9.01 miles

  • North End

    9.04 miles

  • Overton

    9.10 miles

  • Convention Center

    9.23 miles

  • Pyramid

    9.25 miles

  • Third Street

    9.30 miles

  • BP

    1.54 miles

  • Shell

    1.85 miles

  • Valero

    2.13 miles

  • Marathon

    2.43 miles

  • Citgo

    2.51 miles

  • Shell

    2.57 miles

  • Exxon

    2.74 miles

  • Walmart

    3.14 miles

  • Valero

    3.19 miles

  • Shell

    3.19 miles

  • BAC Parking

    4.15 miles

  • Valet Lot

    4.18 miles

  • Outpatient Testing and Medical Plaza 3 Garage

    4.26 miles

  • Employee Parking

    4.27 miles

  • Hospital Visitors and Medical Plaza 1 & 2 Garage

    4.29 miles

  • Baptist Memorial Hospital for Women Garage

    4.47 miles

  • Woodland Discovery Park Parking

    4.59 miles

  • Deloach Parking Garage

    5.08 miles

  • Memphis Zoo Parking

    6.28 miles

  • CBU Resident Parking

    6.38 miles

  • Taco Bell

    1.68 miles

  • Side Porch Steak House

    1.71 miles

  • Brad's Bar B Q Bartlett

    1.84 miles

  • McDonald's

    1.85 miles

  • Elena's Taco Shop

    1.85 miles

  • El Patron Authentic Mexican Restaurant

    1.85 miles

  • Waffle House

    2.00 miles

  • Applebee's

    2.10 miles

  • Cracker Barrel

    2.11 miles

  • KFC

    2.20 miles

  • Aldi

    2.36 miles

  • ALDI

    2.51 miles

  • Stepherson's

    2.60 miles

  • Walmart Supercenter

    3.01 miles

  • Aldi

    3.14 miles

  • Stage Centre

    3.24 miles

  • Walmart Supercenter

    3.30 miles

  • Kroger

    3.41 miles

  • High Point Terrace Shopping Center

    3.78 miles

  • High Point Grocery

    3.79 miles

  • Walgreens

    1.59 miles

  • LCC

    1.68 miles

  • Memphis Muslim Medical Clinic

    1.88 miles

  • Bartlett Fire Department Station 1

    2.85 miles

  • Walmart Pharmacy

    3.08 miles

  • CVS Pharmacy

    3.20 miles

  • Walgreen's

    3.24 miles

  • Memphis Police Department - Appling Farms Station

    3.28 miles

  • Methodist North Hospital

    3.47 miles

  • Healthsouth Rehabilitation Hospital North

    3.67 miles

Frequently Asked Questions

What is the cost of renting industrial/warehouse space at Perimeter Point Business Center?

The average rental rate for industrial/warehouse space at Perimeter Point Business Center is $14.25/SF/YR. Generally, the asking price for warehouse spaces varies based on the location of the property, with proximity to transportation hubs, access to highways or ports playing a key role in the building’s valuation. Other factors that influence cost are the property’s age, its quality rating, as well as its onsite facilities and features.

What type of industrial space is available for rent at Perimeter Point Business Center?

The property at 5125 & 5175 Elmore Road, 5115 Covington Way, 2170 & 2175 Business Center Drive, 2165 Spice Cove was completed in 1987. In total, Perimeter Point Business Center incorporates 131,000 square feet of Flex - Industrial space.

The property can be leased as a Multi-Tenant industrial space. For more details on this listing and available space within the building, use the contact form at the top of this page to schedule a tour with a broker.

Is there parking available at 5125 & 5175 Elmore Road, 5115 Covington Way, 2170 & 2175 Business Center Drive, 2165 Spice Cove?

Contact the property representative for more information on vehicle access and parking options at or near this property, as well as additional amenities that enhance the tenant experience at 5125 & 5175 Elmore Road, 5115 Covington Way, 2170 & 2175 Business Center Drive, 2165 Spice Cove.

Does Perimeter Point Business Center have climate control?

Reach out to the property representative or listing broker to find out more about climate control capabilities at this property. Climate control is typically present in industrial buildings that are suited to store items susceptible to temperature and damage from humidity, such as food, pharmaceuticals, paper, textiles, and electronics.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Brian Califf

NAI Saig Company

(901) 526-3100

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