Compared to the rest of the Memphis market, the Southeast Memphis submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 17 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 12% of the office spaces 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 2,550 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this market 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 occupants 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.