On average, listings lease in the $40's per square foot per year. The Green Hills region is seeing a an increase in rates. In the last 3 months, the median rate rose $43 per sqft per year.
Compared to the rest of the Nashville market, the Green Hills region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 3 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,760 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 5 stories. Most buildings in this area were built in 1985 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the residents of Green Hills 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.