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Airways Storage | Available For Sale

$17,900,000

1699 Airways Boulevard, Memphis, TN 38114

Active
Last Updated: 03/10/2025

129,995 sqft

Building Size

6 acres

Lot Area

Details:
Building Size:    129,995 sqft
Lot Area:    6 acres
Year Built:    1946
Zoning:    IH - Heavy Industrial
Parking Spots:    80
Year Last Renovated:     2023
Highlights:
  • 40% Occupancy and Rising!
  • Land for Potential Expansion
  • Addition of Outside Parking
  • All Climate-Controlled Units
  • Great Visibility with a Traffic Light
Description:

Airways Storage, conveniently located at 1699 Airways Blvd. in Memphis, TN, opened in late 2023, offering 1,200 state-of-the-art climate-controlled units and 80 secure parking spaces across an expansive 129,995 ± RSF. Situated on a 6+ acre parcel, this premier facility provides a unique opportunity for future expansion, allowing buyers the potential to develop an additional free-standing storage building.

Designed with security and accessibility in mind, Airways Storage boasts a cutting-edge 24-hour monitored security system, a modern office space, and fully secured, gated parking. The facility also features secured drive-through access, enhanced by high-speed digital roll-up doors, along with loading dock access for convenient loading and unloading.. Memphis is a city on the rise, known for its stable and expanding economy, with key industries in transportation, logistics, and healthcare. Strategically positioned near the Mississippi River and at the crossroads of Interstates 40 and 55, Memphis serves as a vital hub for national distribution and commerce. Some of Memphis's largest employers are Memphis VA Medical Center and other area healthcare facilities which employ nearly 39,000 people, FedEx, with approximately 30,000 employees and Memphis City Schools with 16,000 employees.

Value Add Potential
• Land for Potential Expansion
• Construction of Additional Free-Standing Building (To be Completed by Buyer)

Map:
Documents:
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