Compared to the rest of the Memphis market, the Pleasant Acres submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 4 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,600 sqft. Most buildings in this area are approximately 9 floors. Most buildings in this market were built in 1973 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Utilities is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Pleasant Acres occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.