The typical asking rate per listing is in the $30's per square foot per year. The Music Row submarket is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the Nashville market, the Music Row region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 0 listings have been made available, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available space in the Music Row are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,320 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this market were built in 1981 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Music Row folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.