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5106 Tradeport DrMemphis, TN 38141
5106 Tradeport Drive
Asset ClassIndustrial
Square Feet787,000
Square Feet: 787,000Land: 35.66 AcresAccess Data Room
Class A Industrial Opportunity | 5-Year Sale-Leaseback | Investment-Grade Tenant
overview of deal

Overview

5106 Tradeport Drive, a 5-Year Sale-Leaseback opportunity with Reynolds American Inc., is located in the well-established Chickasaw Distribution Center in the dominant Southeast Submarket of Memphis. The 787,000 SF Class A logistics and light manufacturing facility combines the appeal of a master-planned corporate environment with all the benefits of a strategic logistics location. Surrounding corporate neighbors, such as Ford, Home Depot, and US Foods, and easy access to the Memphis International Airport, FedEx World Hub, and BNSF Intermodal Facility anchor the Property’s value and attract tenants and users looking to situate themselves alongside reputable companies.

 

The existing tenant will not be occupying the building during the 5-year lease term. The assumption during the 5-year lease term is that a sublease will be executed, blending into a long-term lease for the Landlord with a new tenant, resulting in 0 months of downtime. The investment-grade tenant will guarantee the lease for 5 years.

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Investment Highlights

Square Feet
787,000
Parking Spaces
393 Spaces
Year Renovated
2016

Class A logistics and light manufacturing facility

• Current infrastructure would suit advanced manufacturing, automotive, food processing, pharmaceutical or bio-tech tenant

• 35,000 SF office including a 272-seat training center and break areas

• Operates as an FDA-certified facility

• Fully air-conditioned and humidity-controlled production area

• Easy access to Memphis International Airport, FedEx World Hub, and BNSF Intermodal Facility

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5106 Tradeport DrMemphis, TN 38141

Cushman & Wakefield | Commercial Advisors

Landon Williams, SIOR, CCIMSenior Vice President, Capital Markets9013624306lwilliams@commadv.com
Katie HargettBrokerage Specialist, Capital Markets9012732357khargett@commadv.com
Mark Jenkins, SIOR, CCIMExecutive Vice President/Principal9013629870mjenkins@commadv.com
Walker BrownExecutive Director6462579488walker.brown@cushwake.com
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Listing provided by Revere CRE