Depot Planning District Retail

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Depot Planning District

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
2,440
As of: December 2, 2016

Depot Planning District Rates

Most listings are in the $20's per square foot per year. The Depot Planning District submarket is going through a a rise in rates. In the last 3 months, the median rate went up $23 per sqft per year. That's a Inf% rise in rent.

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

Depot Planning District Listing Supply

In the last 90 days, 2 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,440 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 1972 and are Class B.

Depot Planning District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Depot Planning District folk. Commuting approximately an hour and a half 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 Depot Planning District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Depot Planning District.
Research