The typical asking rate per listing is in the $20's per square foot per year. The Shelby County submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.
In the last 90 days, 297 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the available space in the Shelby County 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 2,710 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this area were built in 1986 and are Class B.