On average, listings lease in the $30's per square foot per year. The Downtown Chattanooga region is experiencing a an increase in rates. In the last 3 months, the median rate went up $13 per sqft per year. That's a 61% increase in rent.
In the last 90 days, 6 listings have been made available, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 listings below 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this region 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 market. Most of the folk 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.