On average, listings lease in the $30's per square foot per year. The West End Park region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.
Compared to the rest of the Nashville market, the West End Park submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 1 listings have been posted online, which means leases are probably 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 7,000 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 11 floors. Most buildings in this market were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst West End Park residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.