On average, listings lease in the $20's per square foot per year. The Roseleigh region is experiencing a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 14% increase in rent.
Compared to the rest of the Memphis market, the Roseleigh region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 1 listings have come on the market, which means leases 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this area were built in 2008 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Most of the residents of Roseleigh work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.