On average, listings lease in the $20's per square foot per year. The North Chattanooga - Hill City - UTC submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 43% increase in rent.
In the last 90 days, 4 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 7,670 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this area were built in 1930 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst North Chattanooga - Hill City - UTC folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.