Knoxville, Tennessee, is a hub for business and travel, offering a unique blend of Appalachian culture, scenic beauty, and economic opportunities. With its rich history, dating back to 1786, Knoxville has evolved into a thriving city, hosting the 1982 World's Fair, which brought significant growth and development to the area. Today, Knoxville boasts a diverse economy, with major industries in real estate, finance, manufacturing, retail, and technology/research. The city's infrastructure is well-equipped, with the Knoxville Utilities Board (KUB) providing essential services, and Knoxville Area Transit (KAT) offering public transportation. The McGhee Tyson Airport and rail terminals for Norfolk Southern and CSX facilitate easy connectivity to various destinations. With its strong economy, rich culture, and scenic beauty, Knoxville is an attractive location for businesses and individuals alike, making it an ideal place to lease office space.
Knoxville's office space market offers a range of options, with 65 listings available for lease. The average annual rent per square foot is $27 USD, with sizes ranging from 10 square feet to 40,601 square feet. In addition to office space, Knoxville also offers coworking space, flex space, medical offices, and retail space, catering to diverse business needs. The city's coworking spaces provide a collaborative environment, while flex spaces offer flexibility and adaptability. Medical offices are well-suited for healthcare professionals, and retail spaces are ideal for businesses seeking high foot traffic. With its diverse range of property types, Knoxville is an attractive location for businesses of all sizes and industries. Overall, Knoxville's office space market offers a unique blend of affordability, accessibility, and amenities, making it an attractive location for businesses to thrive.
What is the average size of office space for lease in the Knoxville market?
The average size of office space for lease in the Knoxville market is 5,258 square feet, with 65 available listings to choose from, offering a range of options from small to large spaces, up to 40,601 square feet.
Are there different types of office space leases available?
In Knoxville, Tennessee, businesses can choose from a variety of office space leases to suit their specific needs, including:
- Full-service leases, which typically include utilities, maintenance, and property taxes in the rent;
- Modified gross leases, which may include some or all of the operating expenses in the rent;
- Triple net leases, where the tenant is responsible for paying all operating expenses, including property taxes, insurance, and maintenance.
With 65 available listings of office space, businesses can find the perfect lease option to fit their budget and requirements, with average annual rent per square foot of $27 USD and average space size of 5,258 square feet, ranging up to 40,601 square feet.
