Memorial Park Office Space

Memorial Park

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,410
As of: June 27, 2017

Memorial Park Rates

Most listings are in the $10's per square foot per year. The Memorial Park submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $18 per sqft per year.

Memorial Park Listing Supply

In the last 90 days, 12 listings have been listed, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 92% of the office spaces in the Memorial Park 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,410 sqft. Most properties in this market are around 2 stories. Most buildings in this market 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 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 Memorial Park.
Market Report

Market Data

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