The typical asking rate per listing is in the $40's per square foot per year. The Demonbreun submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 1% increase in rent.
Compared to the rest of the Nashville market, the Demonbreun submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 1 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,690 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 9 floors. Most buildings in this market were built in 1964 and are Class A.
This area is fairly equally mixed residential and commercial. Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Demonbreun folk. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.