8th Ave South Office Space

8th Ave South

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$49
Median Size (sqft)
600
As of: June 28, 2017

8th Ave South Rates

Most listings are in the $40's per square foot per year. The 8th Ave South region is seeing a an increase in rates. In the last 3 months, the median rate increased $49 per sqft per year.

Compared to the rest of the Nashville market, the 8th Ave South submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

8th Ave South Listing Supply

In the last 90 days, 2 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 150% of the available space in the 8th Ave South are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 600 sqft. Most properties in this region are around 3 stories. Most buildings in this region were built in 1968 and are Class C.

8th Ave South Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst 8th Ave South folk. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in 8th Ave South.
Market Report

Market Data

Real time and historical data on commercial real estate listings in 8th Ave South.
Research