The typical asking rate per listing is in the $20's per square foot per year. The Downtown Knoxville region is seeing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 13% rise in rent.
In the last 90 days, 117 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the available space in the Downtown Knoxville 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,720 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 6 stories. Most buildings in this area were built in 1920 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this area. Most of the residents of Downtown Knoxville work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Downtown Knoxville.
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