On average, listings lease in the $0's per square foot per year. The Farragut submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $21 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 2 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 57,950 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this region were built in 1984 and are Class A.