Perimeter Point Business Center

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

Property Information

  • For Lease $12.00 - $12.64/SF/YR
  • Property Type Industrial - Flex - Industrial
  • Property Size 131,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1987
  • Date Updated Jun 8, 2026
  • HVAC None

Description

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.

Highlights

  • 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
  • Small 1-2 person offices starting at 250 SF
  • Small to mid-sized office / flex spaces with warehouse from 1,000 - 9,000 SF

3 Spaces Available

13

Space Type

Industrial

Lease Rate

$12.00/SF/YR

Total Space

2,177 SF

Divisible Space

2,177 - 2,177 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Reception 4 offices 2 private restrooms Warehouse space 2 grade level doors

14

Space Type

Industrial

Lease Rate

$12.64/SF/YR

Total Space

5,250 SF

Divisible Space

5,250 - 5,250 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Suite 14 Available For Lease Asking lease rate: $12.64 PSF Asking rent per month: $5,530 Reception Area 6 offices Conference room Break room 2 private restrooms 1 grade level door Warehouse space Convenient access to I-240 and I-385

Suite 1

Space Type

Flex - Industrial

Lease Rate

$12.50/SF/YR

Total Space

3,360 SF

Divisible Space

3,360 - 3,360 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Flex Space

Contacts

Brian Califf

NAI Saig Company

Location

Located at 5125 & 5175 Elmore Road, 5115 Covington Way, 2170 & 2175 Business Center Drive, 2165 Spicer Cove, Memphis, TN 38134, this property is part of the Raleigh neighborhood and Memphis market.

Contact Listing Broker
Brian Califf

NAI Saig Company

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