Downtown Chattanooga Office Space

Downtown Chattanooga

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
4,270

Downtown Chattanooga Rates

The typical asking rate per listing is in the $30's per square foot per year. The Downtown Chattanooga submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 6% decline in rent.

Downtown Chattanooga Listing Supply

In the last 90 days, 279 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available leases in the Downtown Chattanooga are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,270 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this area were built in 1902 and are Class Class A.

Downtown Chattanooga Community

A large portion of this region is residential, but there's plenty of office_space. Waste services is the dominant industry in this market. Most of the residents of Downtown Chattanooga work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Downtown Chattanooga.
Research