Memphis Office Space

Memphis

Office Space Market Report

Number of Listings (last 90 days)
231
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,250
As of: January 16, 2017

Memphis Rates

Compared to the rest of the Memphis market, the Memphis submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Memphis Listing Supply

In the last 90 days, 279 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Memphis are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,750 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this area were built in 1985 and are Class B.

Memphis Community

Market Report

Trends and status of the commercial real estate market in Memphis.
Market Report

Market Data

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