The typical asking rate per listing is in the $20's per square foot per year. The Tennessee submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% rise in rent.
In the last 90 days, 9625 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the available leases in the Tennessee are subleases, so you will probably have to consider a longer term lease. 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 3,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this region were built in 1975 and are Class B.
Real time and historical data on commercial real estate listings in Tennessee.
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