Downtown Chattanooga Sublease

Downtown Chattanooga

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
20,000
As of: June 22, 2017

Downtown Chattanooga Rates

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.

Downtown Chattanooga Listing Supply

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.

Downtown Chattanooga Community

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.

Market Report

Trends and status of the commercial real estate market in Downtown Chattanooga.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Chattanooga.
Research