On average, listings lease in the $20's per square foot per year. The Tennessee submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 11% decline in rent.
In the last 90 days, 484 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available space in the Tennessee are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,240 sqft. Most properties in this market are close to 1 stories. Most buildings in this market were built in 1960 and are Class Class B.