The typical asking rate per listing is in the $10's per square foot per year. The Shelby County submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 7% decline in rent.
In the last 90 days, 322 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available space in the Shelby County are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 3,020 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 1 stories. Most buildings in this market were built in 1986 and are Class B.