Sea Isle Park Retail

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 27, 2017

Sea Isle Park Rates

Most listings are in the $10's per square foot per year. The Sea Isle Park submarket is going through a a rise in rates. In the last 3 months, the median rate increased $20 per sqft per year.

Compared to the rest of the Memphis market, the Sea Isle Park region has more expensive 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 posted online, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the available space in the Sea Isle Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,200 sqft. Most buildings in this region are close to 1 floors. Most buildings in this market 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 occupants of Sea Isle Park work from home. Commuting around 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