Tennessee Retail

Tennessee

Office Space Market Report

Number of Listings (last 90 days)
943
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,770
As of: May 22, 2017

Tennessee Rates

The typical asking rate per listing is in the $20's per square foot per year. The Tennessee submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 9% rise in rent.

Tennessee Listing Supply

In the last 90 days, 943 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available leases in the Tennessee 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 2,780 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 1 floors. Most buildings in this region were built in 1970 and are Class B.

Tennessee Community

Market Report

Trends and status of the commercial real estate market in Tennessee.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Tennessee.
Research