On average, listings lease in the $30's per square foot per year. The Franklin submarket is going through a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 6% increase in rent.
In the last 90 days, 158 listings have been listed, so you'll want to check back regularly for new listings. About 12% of the available leases in the Franklin are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 4,880 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 4 floors. Most buildings in this market were built in 2000 and are Class A.
Real time and historical data on commercial real estate listings in Franklin.
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