Memorial Park Office Space

Memorial Park

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 27, 2016

Memorial Park Rates

The typical asking rate per listing is in the $10's per square foot per year. The Memorial Park submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 13% decline in rent.

Memorial Park Listing Supply

In the last 90 days, 7 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,500 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built in 1955 and are Class Class B.

Memorial Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Memorial Park residents. 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 Memorial Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Memorial Park.