The typical asking rate per listing is in the $20's per square foot per year. The Shelby County region is experiencing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 9% rise in rent.
In the last 90 days, 60 listings have been listed, so you'll want to check back regularly for new listings. About 107% of the available leases in the Shelby County are subleases, so you might be able to sign a shorter term by taking over a previous 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 2,900 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1997 and are Class A.