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Memphis, TN 38016
7900 IKEA Way
Asset ClassIndustrial, Retail
MSA Population1.3 M
Land: 29.37 AcresSquare Feet: 271,150Year Built: 2016Access Data Room
INVESTMENT OPPORTUNITY
overview of deal

Overview

TSCG & CBRE (collectively “Broker”), acting as exclusive agents on behalf of the Owner, are proud to offer for sale a 100% interest in 7900 IKEA Way (the “Property”) in Memphis, Shelby County, Tennessee. The Property comprises 29.37 acres improved with a 271,150 square foot showroom and warehouse. The improvements were completed in 2016 and have been maintained in first class condition. 7900 IKEA Way is being offered vacant and without debt.

 

Strategically located at the Interstate 40 (“I-40”) and N. Germantown Parkway in the desirable Wolfchase trade area, the Property is a highly visible asset with 1,096 feet of frontage and exceptional billboard signage.

 

7900 IKEA Way is an opportunity to acquire an institutional quality property in an established super-regional location.

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Investment Highlights

Square Feet
271,150
Land
29.37 Acres
  • Within a 30-minute drive to Downtown Memphis, Memphis International Airport and the Port of Memphis
  • Situated in the Wolfchase Trade Area, a top retail trade hub for the Mid-South region
  • Built in 2016; high-quality construction suitable for immediate backfill or adaptive reuse
  • Flexible zoning supports a variety of commercial, warehouse, and mixed-use redevelopment strategies
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Memphis, TN 38016
Downtown Memphis - 20 Miles
Port of Memphis - 30 Minutes
Memphis Int'l Airport - 24 Minutes
Class 1 Railroads - 5
Hotels/Rooms (5 miles) - 39/3,599

Contacts

Danny BuringEVP & Managing Director

License #: TN 239002

901.481.3277danny.buring@tscg.com
Lynn De MarcoSMD of Investment Sales917.405.3340lynn.demarco@tscg.com
Robert SloanPartner/EVP

License #: TN 297139

901.921.1735robert.sloan@tscg.com
Jon IsbellEVP

License #: TN 315420

901.849.8133jon.isbell@tscg.com
Thomas FlynnSenior Vice President330.328.4334thomas.flynn@cbre.com
Stephanie AllenSenior Associate

License #: TN 362133

901.260.1051stephanie.allen@cbre.com
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