The typical asking rate per listing is in the $20's per square foot per year. The Shelby County region is going through a an increase in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 24% increase in rent.
In the last 90 days, 242 listings have been made available, so you'll want to check back regularly for new listings. About 0% of the listings in the Shelby County are subleases, so you will probably have to consider a longer term lease. 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 3,290 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 1 stories. Most buildings in this market were built in 1986 and are Class B.