Most listings are in the $10's per square foot per year. The Collierville submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 28% decline in rent.
In the last 90 days, 4 listings have been posted online, which means office spaces are probably 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 available, so finding a space for a small business might be tough.
Even though the median size is 10,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this region were built in 2005 and are Class B.