Tennessee Office Space

Tennessee

Office Space Market Report

Number of Listings (last 90 days)
943
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,200
As of: July 21, 2017

Tennessee Rates

On average, listings lease in the $20's per square foot per year. The Tennessee region is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 13% decrease in rent.

Tennessee Listing Supply

In the last 90 days, 943 listings have come on the market, so you'll want to check back regularly for new listings. About 91% 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 2,550 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 1 stories. Most buildings in this area were built in 1973 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