On average, listings lease in the $20's per square foot per year. The Shelby County submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% rise in rent.
In the last 90 days, 106 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available leases in the Shelby County 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,970 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this market were built in 1998 and are Class A.