Downtown Knoxville Retail

Downtown Knoxville

Office Space Market Report

Number of Listings (last 90 days)
21
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
3,050
As of: May 22, 2017

Downtown Knoxville Rates

Most listings are in the $20's per square foot per year. The Downtown Knoxville submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 9% rise in rent.

Downtown Knoxville Listing Supply

In the last 90 days, 21 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 3,050 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 7 floors. Most buildings in this area were built in 1917 and are Class A.

Downtown Knoxville Community

A large portion of this market is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this market. Most of the residents of Downtown Knoxville work from home. Commuting between 20 and 25 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 Knoxville.
Market Report

Market Data

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