On average, listings lease in the $10's per square foot per year. The Shelby County region is seeing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 22% decrease in rent.
In the last 90 days, 242 listings have been made available, so you'll want to check back regularly for new listings. About 98% of the office spaces in the Shelby County are subleases, so you might be able to find a shorter term or below market rent. 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 3,400 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this area were built in 1986 and are Class B.