On average, listings lease in the $20's per square foot per year. The Farragut region is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decline in rent.
In the last 90 days, 136 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the listings in the Farragut 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 2,340 sqft. Most buildings in this region are around 1 stories. Most buildings in this area were built in 1984 and are Class A.
Real time and historical data on commercial real estate listings in Farragut.
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