Most listings are in the $10's per square foot per year. The Monroe Avenue Residents Coalition region is seeing a an increase in rates. In the last 3 months, the median rate went up $17 per sqft per year.
Compared to the rest of the Memphis market, the Monroe Avenue Residents Coalition region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 3 listings have been made available, which means new listings might be going fast. 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 measurement for office space in this area is around 1,400 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1963.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Most of the residents of Monroe Avenue Residents Coalition work from home. Commuting between 30 and 45 minutes 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 Monroe Avenue Residents Coalition.
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