Memphis Industrial

Memphis

Office Space Market Report

Number of Listings (last 90 days)
227
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,200
As of: May 28, 2017

Memphis Rates

Most listings are in the $20's per square foot per year. The Memphis submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 24% rise in rent.

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

Memphis Listing Supply

In the last 90 days, 227 listings have been listed, so you'll want to check back regularly for new listings. About 0% of the listings in the Memphis are subleases, so you will probably have to consider a longer term lease. 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 3,420 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this market were built in 1985 and are Class B.

Memphis Community

Market Report

Trends and status of the commercial real estate market in Memphis.
Market Report

Market Data

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