Compared to the rest of the Memphis market, the Southeast Memphis region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 17 listings have come on the market, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 3,550 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1985 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Most of the occupants of Southeast Memphis work from home. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.