The typical asking rate per listing is in the $30's per square foot per year. The Downtown Chattanooga region is seeing a a rise in rates. In the last 3 months, the median rate went up $33 per sqft per year.
In the last 90 days, 6 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 67% of the listings in the Downtown Chattanooga are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 20,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this market were built in 1900 and are Class Class A.
A large portion of this region is residential, but there's plenty of office_space. Waste services is the dominant industry in this area. Most of the residents of Downtown Chattanooga work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.