Compared to the rest of the Memphis market, the Jackson-University Area region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 5 listings have been posted online, which means new listings most likley are going fast. 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.
Even though the median size is 4,630 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 4 floors. Most buildings in this area were built in 1962 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Jackson-University Area occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.