On average, listings lease in the $30's per square foot per year. The Franklin submarket is going through a a rise in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 10% increase in rent.
In the last 90 days, 29 listings have been made available, which means new listings might be leasing quickly. 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 7,410 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 5 stories. Most buildings in this market were built in 2000 and are Class A.