Compared to the rest of the Nashville market, the Downtown Nashville submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 16 listings have been posted online, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 25% of the listings in the Downtown Nashville 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 8,090 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 6 stories. Most buildings in this area were built in 1969 and are Class B.
This market is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this market. Most of the folk of Downtown Nashville work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.