On average, listings lease in the $20's per square foot per year. The Tennessee region is seeing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 9% decline in rent.
In the last 90 days, 838 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Tennessee are subleases, so you will probably have to focus your search on direct office leases. 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 3,060 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 1 stories. Most buildings in this area were built in 1965 and are Class B.