North Chattanooga - Hill City - UTC Office Space

North Chattanooga - Hill City - UTC

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
5,440
As of: January 21, 2017

North Chattanooga - Hill City - UTC Rates

Most listings are in the $20's per square foot per year. The North Chattanooga - Hill City - UTC region is seeing a a rise in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 43% rise in rent.

North Chattanooga - Hill City - UTC Listing Supply

In the last 90 days, 5 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 5,440 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 1930 and are Class Class B.

North Chattanooga - Hill City - UTC Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst North Chattanooga - Hill City - UTC residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in North Chattanooga - Hill City - UTC.
Market Report

Market Data

Real time and historical data on commercial real estate listings in North Chattanooga - Hill City - UTC.
Research