Quince-Oakhaven-Parkway PD Sublease

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Quince-Oakhaven-Parkway PD

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
23,400
As of: July 27, 2017

Quince-Oakhaven-Parkway PD Rates

Most listings are in the $20's per square foot per year. The Quince-Oakhaven-Parkway PD submarket is going through a an increase in rates. In the last 3 months, the median rate increased $21 per sqft per year.

Compared to the rest of the Memphis market, the Quince-Oakhaven-Parkway PD region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Quince-Oakhaven-Parkway PD Listing Supply

In the last 90 days, 11 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 173% of the available space in the Quince-Oakhaven-Parkway PD are subleases, so you might be able to find a shorter term or below market rent. 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 23,400 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 1 floors. Most buildings in this region were built in 1988 and are Class B.

Quince-Oakhaven-Parkway PD Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Quince-Oakhaven-Parkway PD occupants. Commuting approximately 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 Quince-Oakhaven-Parkway PD.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Quince-Oakhaven-Parkway PD.
Research