Compared to the rest of the Memphis market, the Depot Planning District region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 2 listings have been posted online, which means leases might be 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 2,440 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1972 and are Class B.
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 residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.