On average, listings lease in the $30's per square foot per year. The Downtown Chattanooga region is going through a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 27% rise 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 leases in the Downtown Chattanooga 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 available, 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 region are around 3 floors. Most buildings in this region 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 folk 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.
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