On average, listings lease in the $20's per square foot per year. The North Chattanooga - Hill City - UTC region is going through a a rise in rates. In the last 3 months, the median rate rose $10 per sqft per year. That's a 57% increase in rent.
In the last 90 days, 4 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 5,440 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1920 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst North Chattanooga - Hill City - UTC occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.