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Due to the population increase, Nashville has become a desired market to be in. Mixed use is becoming very popular with office buildings or apartments being built on top of retail space. Furthermore, all the new developments in the city are creating a positive image of the city making retail of all kinds more desirable.
One street, Hermitage Avenue is more centrally located to the downtown area and has recently become a mecca for trendy restaurants and stands to reason that this area has quickly grown in popularity to keep in lockstep with Nashville's omnipresent music and arts scene. The price of square footage for office rent per year ranges from $12 to $44 with the median being $36. The square footage size ranges from 100 SF to 30,000 SF with the median being 1,290 SF.
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|Neighborhood||Average Available SQFT||Average Rate / SQFT PER Month||NUMBER OF AVAILABLE SUITES|
|12 South||3,400||$3.89 / SF||< 30|
|21st Ave||2,800||$2.69 / SF||33|
|Airport||2,300||$1.52 / SF||57|
|Belle Meade||3,300||$3.75 / SF||< 30|
|Cool Springs||3,000||$3.23 / SF||72|
|Donelson||2,000||$2.25 / SF||< 30|
|Downtown||4,800||$2.57 / SF||106|
|East Nashville||3,000||$2.44 / SF||40|
|Franklin||3,000||$3.23 / SF||72|
|Germantown||2,400||$2.78 / SF||< 30|
|Goodlettsville||2,300||$1.75 / SF||38|
|Green Hills||2,400||$2.78 / SF||< 30|
|Hendersonville||2,600||$1.75 / SF||101|
|Hermitage||2,800||$2.83 / SF||< 30|
|Hillsboro||2,800||$2.69 / SF||33|
|La Vergne||3,300||$1.99 / SF||< 30|
|Lockeland Springs||3,900||$3.21 / SF||< 30|
|Madison||1,800||$1.60 / SF||< 30|
|MetroCenter||2,300||$1.83 / SF||< 30|
|Music Row||19,000||$3.12 / SF||< 30|
|Nolensville||2,000||$2.26 / SF||< 30|
|North Nashville||2,200||$2.78 / SF||< 30|
|Smyrna||1,900||$1.76 / SF||< 30|
|SoBro||26,000||$2.80 / SF||< 30|
|Sylvan Park||2,900||$2.17 / SF||< 30|
|The Gulch||26,000||$2.80 / SF||< 30|