Location
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Memphis, Tennessee is the recommended location for the facility. The facility is 26,138 square feet, sitting on 17.43 acres, and is priced at $700,000 dollars.
Why This Location?
This site has a great quantity of factors that proves that this facility is in the optimal location. The qualitative factors of transportation, community ambiance, and education were used in the decision of choosing this site location. The site has 3 major interstates and highways in close proximity. The Memphis International Airport is approximately 9.7 miles away from the site location. There is also regional airport located within 20 miles of the site. The community ambiance is a factor that also played a role in the selection of this site. The site has more than 4 healthcare providers within a 20-mile radius and more than 3 distribution hubs, including FedEx and UPS, within a 20-mile radius of the site. The site also has more than 4 four-year universities, at least 2 community colleges, and 2 technical schools within a 25-mile radius of the site. The quantitative factors of land cost, labor cost, and property tax are not the cheapest for this site compared to some of the other prospected sites, but those quantitative factors came in second overall. These qualitative and quantitative factors prove that this is the optimal location.