Tennessee Office Space

Tennessee

Office Space Market Report

Number of Listings (last 90 days)
862
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
3,260
As of: January 19, 2017

Tennessee Rates

Most listings are in the $20's per square foot per year. The Tennessee region is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decline in rent.

Tennessee Listing Supply

In the last 90 days, 876 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Tennessee are subleases, so you will probably have to focus your search on direct office leases. 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 3,500 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 1965 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