Memorial Park Sublease

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Memorial Park

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,410
As of: May 24, 2017

Memorial Park Rates

The typical asking rate per listing is in the $10's per square foot per year. The Memorial Park region is seeing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 17% increase in rent.

Memorial Park Listing Supply

In the last 90 days, 12 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,410 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built in 1955 and are Class Class B.

Memorial Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Memorial Park occupants. Commuting around 20 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 Memorial Park.
Market Report

Market Data

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