Compared to the rest of the Memphis market, the Southeast Memphis submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 92 listings have been made available, so you'll want to check back regularly for new listings. About 27% of the listings in the Southeast 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,870 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this area were built in 1985 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Most of the residents of Southeast Memphis work from home. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Southeast Memphis.
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