Jackson-University Area Sublease

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Jackson-University Area

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$14
Median Size (sqft)
520
As of: February 24, 2017

Jackson-University Area Rates

The typical asking rate per listing is in the $10's per square foot per year. The Jackson-University Area submarket is going through a an increase in rates. In the last 3 months, the median rate increased $14 per sqft per year.

Compared to the rest of the Memphis market, the Jackson-University Area region has lower rates, so you should have no trouble finding a great deal in this discounted region.

Jackson-University Area Listing Supply

In the last 90 days, 15 listings have been made available, which means office spaces 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 520 sqft. Most properties in this area are close to 1 floors. Most buildings in this market were built in 1962 and are Class A.

Jackson-University Area Community

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 market. Commute by walking is the most popular way to get to work amongst Jackson-University Area residents. Commuting under 5 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 Jackson-University Area.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Jackson-University Area.
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