Memphis Medical

8200 Old Dexter Rd - Unit 106 (Floor 1) Memphis, TN kitchenette and shell space
Aug 03
2,500
sqft
Office Medical
1650 Bonnie Ln - Unit 102 (Floor 1) Memphis, TN kitchenette
Aug 03
5,500
sqft
Office Medical
1665 Bonnie Ln - Unit 103 (Floor 1) Memphis, TN shell space and kitchenette
Aug 03
3,200
sqft
Office Medical Restaurant
3614 S Perkins Rd - Entire Building Memphis, TN utility room and daycare facility
Aug 02
4,210
sqft
Industrial Office Medical Retail
1620 Bonnie Ln - Unit 103 Memphis, TN kitchenette
Jun 13
700
sqft
Office Medical

Memphis

Market Report

Number of Listings
Posted in the last 90 days
191
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,700

Memphis Rates

The typical asking rate per listing is in the $20's per square foot per year. The Memphis region is going through a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 10% rise in rent.

Compared to the rest of the Memphis market, the Memphis region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Memphis Listing Supply

In the last 90 days, 2079 listings have been listed, so you'll want to check back regularly for new listings. About 10% of the available leases in the Memphis are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,560 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 1 floors. Most buildings in this market were built in 1985 and are Class B.

Memphis Community

Market Data

Real time and historical data on commercial real estate listings in Memphis.
Research