Monroe Avenue Residents Coalition Office Space

Monroe Avenue Residents Coalition

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,400
As of: June 27, 2017

Monroe Avenue Residents Coalition Rates

Most listings are in the $10's per square foot per year. The Monroe Avenue Residents Coalition submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $17 per sqft per year.

Compared to the rest of the Memphis market, the Monroe Avenue Residents Coalition submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Monroe Avenue Residents Coalition Listing Supply

In the last 90 days, 1 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the listings in the Monroe Avenue Residents Coalition 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.

The standard measurement for office space in this area is around 1,400 sqft. Most buildings in this market are close to 2 floors. Most buildings in this area were built in 1963.

Monroe Avenue Residents Coalition Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Most of the residents of Monroe Avenue Residents Coalition work from home. Commuting between 30 and 45 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 Monroe Avenue Residents Coalition.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Monroe Avenue Residents Coalition.
Research