DeSoto
Memphis - TN USA - Industrial Submarket
Industrial real estate intelligence for the DeSoto submarket. 75.0M SF of inventory with 14.5% vacancy. Data sourced from various MLS platforms.
75.0MSF
Inventory
11.3MSF
Available
14.5%
Vacancy
15.1%
Availability Rate
$5.94
Asking Rent
0.6%
Rent Growth
-1,712,539SF
12mo Absorption
45KSF
Under Construction
Market Metrics
12mo Delivered
12K SF
Under Constr % of Inv
0.1%%
Sale Price/SF
$77
Cap Rate
7.4%%
12mo Sales Volume
$103,310,360
Sales Vol Growth
-12.1%
Asset Value
$5,781,469,228
Net Absorption
-1,712,539 SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| Anderson Bldg | $4.5M | 47,350 | Gregory Realty GP |
| xAI - Colossus 2 Datacenter | $72.9M | 1,007,838 | X Holding Corp. |
| xAI - Colossus 1 | $19.4M | 785,000 | Phoenix Investors |
| Expedient MEM1 | $6.9M | 35,018 | Landmark Dividend |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| 1001 Rainer Rd | 145,636 | $3.00 | Cole Morgan |
| Union Centre | 111,531 | $18.21 - 22.26 (Est.) | Twin Trees Holdings LLC |
| 8048 Eastern Rd | 638,400 | Not Disclosed | - |
| 6334 Kirk Rd | 1,206,400 | Not Disclosed | - |
| 12235 Kirk Rd | 552,720 | Not Disclosed | - |
Data Centre Development Potential
High vacancy (14.5%) in DeSoto may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 45K SF indicates developer confidence in the submarket. Negative absorption of 1.7M SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Other Submarkets in Memphis - TN USA
Evaluating DeSoto for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.