The typical asking rate per listing is in the $20's per square foot per year. The Tennessee submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.
In the last 90 days, 943 listings have come on the market, so you'll want to check back regularly for new listings. About 80% of the available space in the Tennessee are subleases, so you might be able to snag a great spot on a short term. 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 3,440 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 1 floors. Most buildings in this area were built in 1974 and are Class B.