Compared to the rest of the Memphis market, the Balmoral region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 0 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available space in the Balmoral are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 420 sqft. Most buildings in this market are around 1 floors. Most buildings in this market were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Balmoral residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.