On average, listings lease in the $20's per square foot per year. The Tennessee region is experiencing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 6% increase in rent.
In the last 90 days, 9625 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the available leases in the Tennessee are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,300 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this market were built in 1975 and are Class B.
Real time and historical data on commercial real estate listings in Tennessee.
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