Project Iris

Off Market

4055 New Allen Road, Memphis, TN 38128

  • Industrial
  • Warehouse/Distribution
  • 855,000 Sqft

Project Iris, Memphis, TN 38128 - Industrial Space

Project Iris is located at 4055 New Allen Road in the Frayser neighborhood, TN, Memphis, 38128. The Class A Industrial building was completed in 2020 and features a total of 855,000 Sqft.

There are 27 industrial spaces for lease in the Memphis city, totaling 1,664,653 Sqft of available industrial space. The average asking industrial rent per sq. ft. in Memphis is $10.92/sqft/year. For Class C industrial buildings the average industrial rate is $11.75/sqft/year.

In Frayser, there is 1 class A industrial building. At zip code level, there are 4 commercial properties, of which 2 are industrial buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • City Memphis
  • Neighborhood Frayser
  • Zip Code 38128
  • Market Memphis
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 855,000 Sqft
  • Lot Size 95.75 Acre
  • Property Tenancy Owner Occupied
  • Building Class A
  • Year Built 2020
  • Date Updated 07 Apr, 2020

FREQUENTLY ASKED QUESTIONS

What is the total square footage of Project Iris?

Project Iris totals 855,000 square feet.

When was this property built?

Project Iris was built in 2020.

Frayser Demographics

The average household income in zip code 38128 is $46,515, from a total of 15,737 households. In terms of employment, there are 66.53 % white-collar and 33.47 % blue-collar jobs in zip code 38128.

Population

  • Total Population25,663
  • Male Population(45.3 %) 11,616
  • Female Population(54.7 %) 14,047
  • Median Age29.00

Income/Financial

  • Average Household Income$39,770
  • Median Household Income$30,471
  • Median Income Under 25$19,600
  • Median Income 25-44$25,545
  • Median Income 45-64$41,948
  • Median Income Over 65$31,334