Downtown Chattanooga Retail

Downtown Chattanooga

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
20,000
As of: June 27, 2017

Downtown Chattanooga Rates

Most listings are in the $30's per square foot per year. The Downtown Chattanooga submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $33 per sqft per year.

Downtown Chattanooga Listing Supply

In the last 90 days, 6 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 67% of the available space in the Downtown Chattanooga 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 20,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 3 stories. Most buildings in this region were built in 1900 and are Class Class A.

Downtown Chattanooga Community

A large portion of this area is residential, but there's plenty of office_space. Waste services is the dominant industry in this market. Most of the folk of Downtown Chattanooga work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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