Most listings are in the $20's per square foot per year. The Downtown Knoxville submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $21 per sqft per year.
In the last 90 days, 21 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 2,900 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 7 stories. Most buildings in this region were built in 1910 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this region. Most of the residents of Downtown Knoxville work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.