On average, listings lease in the $30's per square foot per year. The Nashville region is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the Nashville market, the Nashville submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 1130 listings have been listed, so you'll want to check back regularly for new listings. About 10% of the office spaces in the Nashville are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 5,980 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built in 1984 and are Class B.
Real time and historical data on commercial real estate listings in Nashville.
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