Compared to the rest of the Nashville market, the Downtown Nashville submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 16 listings have been made available, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 25% of the available leases in the Downtown Nashville are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 8,090 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 6 stories. Most buildings in this market were built in 1969 and are Class B.
This area is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this market. Most of the occupants of Downtown Nashville work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.