Quince-Oakhaven-Parkway PD Industrial

Quince-Oakhaven-Parkway PD

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
14,910
As of: June 25, 2017

Quince-Oakhaven-Parkway PD Rates

Most listings are in the $20's per square foot per year. The Quince-Oakhaven-Parkway PD region is going through a a rise in rates. In the last 3 months, the median rate increased $21 per sqft per year.

Compared to the rest of the Memphis market, the Quince-Oakhaven-Parkway PD region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Quince-Oakhaven-Parkway PD Listing Supply

In the last 90 days, 11 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 209% of the listings in the Quince-Oakhaven-Parkway PD are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 14,910 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this area were built in 1988 and are Class B.

Quince-Oakhaven-Parkway PD Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Quince-Oakhaven-Parkway PD folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Quince-Oakhaven-Parkway PD.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Quince-Oakhaven-Parkway PD.
Research