On average, listings lease in the $30's per square foot per year. The Nashville region is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the Nashville market, the Nashville submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 85 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the available leases in the Nashville are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 4,040 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 4 stories. Most buildings in this area were built in 1984 and are Class B.