Sea Isle Park Office Space

Sea Isle Park

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,200
As of: June 22, 2017

Sea Isle Park Rates

On average, listings lease in the $10's per square foot per year. The Sea Isle Park submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $20 per sqft per year.

Compared to the rest of the Memphis market, the Sea Isle Park region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Sea Isle Park Listing Supply

In the last 90 days, 9 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the listings in the Sea Isle Park are subleases, so you might be able to find a shorter term or below market rent. 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 1,200 sqft. Most buildings in this market are around 1 stories. Most buildings in this region were built in 1987 and are Class C.

Sea Isle Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Most of the folk of Sea Isle Park work from home. Commuting close to 15 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 Sea Isle Park.
Market Report

Market Data

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