Most listings are in the $20's per square foot per year. The Downtown Knoxville region is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 9% decline in rent.
In the last 90 days, 117 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the office spaces in the Downtown Knoxville are subleases, so you will probably have to focus your search on direct office leases. 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 6,340 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 6 stories. Most buildings in this region were built in 1920 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 area. Most of the folk 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.