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Park Highlights
- Well-equipped industrial facility situated on a fully fenced 36.83-acre site near the Tennessee-Mississippi border.
- Within 30 minutes from Downtown Memphis, near distribution facilities for Disney, Amazon, and General Motors.
- Situated within 1 mile of Interstate 295 access, featuring EMP zoning, a 32-foot clear height, 75 dock-high doors, and more.
- Accessible to a skilled employee base with over 22% of the surrounding labor force employed in warehousing.
PARK FACTS
Park Type | Industrial Park |
Park Type | Industrial Park |
all available spaces(2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
500,000 square-feet of industrial space available on August 1, 2023.
- Lease rate does not include utilities, property expenses or building services
- 75 Loading Docks
- Secure Storage
- Close proximity to Memphis International Airport
- Site is fully fenced with a guard shack
- Includes 10,000 SF of dedicated office space
- Central Air Conditioning
- Yard
- 2,000 SF Shipping & Receiving Office
Space | Size | Term | Rental Rate | Space Use | Condition | Available |
1st Floor | 500,000 SF | Negotiable | $4.45 /SF/YR $0.37 /SF/MO $47.90 /m²/YR $3.99 /m²/MO $185,417 /MO $2,225,000 /YR | Industrial | Full Build-Out | 90 Days |
5015 Citation Dr - 1st Floor
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
Industrial space available
- Lease rate does not include utilities, property expenses or building services
- 4 Drive Ins
- 75 Loading Docks
- Secure Storage
- Close proximity to Memphis International Airport
- 2,000 SF Shipping & Receiving Office
- Includes 10,000 SF of dedicated office space
- Space is in Excellent Condition
- Central Air Conditioning
- Yard
- Site is fully fenced with a guard shack
Space | Size | Term | Rental Rate | Space Use | Condition | Available |
1st Floor | 399,400 SF | Negotiable | $4.75 /SF/YR $0.40 /SF/MO $51.13 /m²/YR $4.26 /m²/MO $158,096 /MO $1,897,150 /YR | Industrial | Full Build-Out | Now |
4755 Southpoint Dr - 1st Floor
5015 Citation Dr - 1st Floor
Size | 500,000 SF |
Term | Negotiable |
Rental Rate | $4.45 /SF/YR |
Space Use | Industrial |
Condition | Full Build-Out |
Available | 90 Days |
500,000 square-feet of industrial space available on August 1, 2023.
- Lease rate does not include utilities, property expenses or building services
- Includes 10,000 SF of dedicated office space
- 75 Loading Docks
- Central Air Conditioning
- Secure Storage
- Yard
- Close proximity to Memphis International Airport
- 2,000 SF Shipping & Receiving Office
- Site is fully fenced with a guard shack
4755 Southpoint Dr - 1st Floor
Size | 399,400 SF |
Term | Negotiable |
Rental Rate | $4.75 /SF/YR |
Space Use | Industrial |
Condition | Full Build-Out |
Available | Now |
Industrial space available
- Lease rate does not include utilities, property expenses or building services
- Includes 10,000 SF of dedicated office space
- 4 Drive Ins
- Space is in Excellent Condition
- 75 Loading Docks
- Central Air Conditioning
- Secure Storage
- Yard
- Close proximity to Memphis International Airport
- Site is fully fenced with a guard shack
- 2,000 SF Shipping & Receiving Office
Park Overview
Southpoint at 5015 Citation Drive is a well-equipped industrial facility in Memphis, Tennessee. The building contains 500,000 square feet on an EMP-zoned, 36.83-acre site. Benefit from easy property ingress, fencing, an expansive surface parking lot with 210 standard vehicle spaces for on-site staff and personnel, and a 120-foot-deep truck court. Up to 32-foot clear ceiling heights, four drive-in bays, and 50 exterior dock doors with levelers are perfectly suited to meet all warehousing and distribution needs. Additional building features include halide lighting, reinforced concrete floors, heavy power, and an ESFR sprinkler system. The entire facility will be available for lease with negotiable terms. Southpoint at 5015 Citation Drive is within a 30-minute drive from the heart of Downtown Memphis, near the Tennessee-Mississippi border. Industry-leading businesses like Amazon, General Motors, and Disney lease distribution/warehouse space within immediate proximity. Additionally, conveniently travel to and from the property with convenient access to E Holmes Road, which connects to Highway 78. Draw from a highly skilled employee base, with over 22% of the surrounding total labor force living within a 10-mile radius serving in the warehousing sector.
About Southeast
This area of Memphis provides many logistical advantages to industrial tenants. The Memphis International Airport, the busiest cargo airport in the country and the second busiest in the world, is located here. The Port of Memphis also sits nearby. As the fifth-largest inland port in the country, it allows companies to transport goods via water, rail, and roadways. BSNF and Norfolk Southern operate intermodal railroads in the area, and interstates 40 and 240 directly connect the region to larger markets throughout the country. Finally, the presence of the FedEx World Hub allows for some of the latest drop-off times in the country for overnight deliveries.
Memphis has a strong blue-collar workforce. Transportation and warehousing jobs account for roughly 12% of the employment in the region, providing companies with a large pool of able and qualified workers.
Population growth across the metropolitan area has been trending upward in recent years, and this locale is well positioned for last-mile logistics. Affluent suburbs of Germantown and Collierville sit to the east, while downtown Memphis and the higher population density across the urban core are directly west.
DEMOGRAPHICS
Regional Accessibility
Leasing Agent
Leasing Agent
Bobby Daush, Regional Leasing and Acquisition Officer
As a dedicated CRE professional, Bobby Daush possesses an in-depth understanding of market dynamics, investment strategies, and lease negotiations. His unwavering commitment to providing tailored solutions and delivering exceptional client service has earned him a distinguished reputation among investors, property owners, and businesses.
Beyond his professional achievements, Bobby actively engages in community initiatives and philanthropic endeavors, reflecting his values and his desire to make a positive impact both within and beyond the world of real estate.
As a driving force in CRE, Bobby Daush continues to shape the industry, offering clients expert guidance, innovative solutions, and a steadfast commitment to excellence that sets him apart as a respected leader in the field.
About the Owner
Presented by
Southpoint | Memphis, TN 38118
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