Downtown Chattanooga Commercial Real Estate

Downtown Chattanooga

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
4,270

Downtown Chattanooga Rates

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.

Downtown Chattanooga Listing Supply

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.

Downtown Chattanooga Community

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.

Market Data

Real time and historical data on commercial real estate listings in Downtown Chattanooga.
Research