Frayser-Raleigh PD Office Space

Frayser-Raleigh PD

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
7,280
As of: July 24, 2017

Frayser-Raleigh PD Rates

On average, listings lease in the $10's per square foot per year. The Frayser-Raleigh PD submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $18 per sqft per year.

Compared to the rest of the Memphis market, the Frayser-Raleigh PD region has lower rates, so you should have no trouble finding a great deal in this discounted region.

Frayser-Raleigh PD Listing Supply

In the last 90 days, 1 listings have come on the market, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the Frayser-Raleigh PD 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 7,280 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1974 and are Class A.

Frayser-Raleigh PD Community

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. Commute by public transit is the most popular way to get to work amongst Frayser-Raleigh PD residents. Commuting between 20 and 25 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 Frayser-Raleigh PD.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Frayser-Raleigh PD.
Research