On average, listings lease in the $30's per square foot per year. The Downtown Chattanooga submarket is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 6% decrease in rent.
In the last 90 days, 279 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available space in the Downtown Chattanooga 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.
Even though the median size is 4,270 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this market were built in 1902 and are Class Class A.
A large portion of this market is residential, but there's plenty of office_space. Waste services is the dominant industry in this market. Most of the occupants 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.
Real time and historical data on commercial real estate listings in Downtown Chattanooga.
Get email notifications when new listings are posted that match your requirements.