Depot Planning District Retail Space For Lease

Depot Planning District

Market Report

Number of Listings For Lease
Posted in the last 90 days
19
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
810

Depot Planning District Commercial Real Estate

Find Depot Planning District commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Depot Planning District commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Depot Planning District Rates

On average, commerial real estate listings lease in the $20's per square foot per year. The Depot Planning District submarket is experiencing a a rise in rates. In the last 3 months, the median rate for lease increased $3 per sqft per year. That's a 13% rise in rent.

Compared to the rest of the Memphis commercial real estate market, the Depot Planning District submarket has higher rates for rent, and you may need to pay a premium to be in this hot submarket.

Depot Planning District Listing Supply

In the last 90 days, 36 commercial real estate listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 2,440 sqft. Most properties in this market are approximately 1 stories. Most buildings in this area were built around 1956 and are Class .

Depot Planning District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Depot Planning District occupants. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Depot Planning District.
Research