Tennessee Office Space

Tennessee

Office Space Market Report

Number of Listings (last 90 days)
777
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
3,290
As of: December 10, 2016

Tennessee Rates

The typical asking rate per listing is in the $20's per square foot per year. The Tennessee region is experiencing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% rise in rent.

Tennessee Listing Supply

In the last 90 days, 777 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the listings 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 3,290 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 1 stories. Most buildings in this area were built in 1962 and are Class B.

Tennessee Community

Market Report

Trends and status of the commercial real estate market in Tennessee.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Tennessee.
Research