The city of Nashville has a great amount of commercial and business development in the downtown business districts. Entrepreneurs that are looking for office space and warehouse space with retail storefronts adjacent will find a lot of opportunities to explore. The office suites vacancy rate of Nashville is roughly 11% and has dropped slightly in recent months. A recent survey of vacancies in the greater metropolitan area yielded many results at around $600 a month with conference rooms, and great views. Larger warehouse options with great amenities start at around $1.50 a square foot for 1,000 square feet and larger. For those looking for executive office suites in the downtown business district will find prices starting at around $1 a square foot, and as low as $400 a month for small suites in downtown Nashville. Business space abounds in the area can be taken advantage of by a variety of entrepreneurs. Office furniture options are available for those looking to furnish office suites of all sizes. There are different retailers to explore, including, small stores that specialize in only furniture for offices to take advantage of. We also offer commercial office suites for lease in Memphis, Atlanta, and Charlotte.
For most companies, large or small, with 1, 25, or 5o employees, it's a big risk to lease an office suite or executive suite space. Any business owner decide what amenities the staff is going to need. We have compiled a list below of typical amenities that most office buildings usually offer. Reception Services, Telephone Answering,Admin / Secretarial Support, Postal, Kitchen Facilities, Service Elevators,Office Facilities, Furnished Options, Meeting Rooms, Admin, Conference Suites, Virtual Office, Private Offices, Alarm or manned security, 24 Hour Access. Read more about office space extras and your local real estate market in our office suites articles section.
The city of Nashville is the capital city of the state of Tennessee. It is located in the north-central part of the state, and it’s one of the biggest hubs for health care, music, publishing, banking and so much more. The estimated population of the city of Nashville is 626,144 in the center, and upwards of 1.6 million people in the greater metropolitan area. It is the second most populous city in the state right after Memphis.
The city of Nashville is often times referred to as the home of country music, and it houses the big four record labels in country music. It has been the second largest biggest music center since 1960’s. The music industry in the area offers the local economy roughly 6.4 billion per year and offers 19,000 jobs to the greater area. There are several larger companies in the area, including, Caterpillar Financial Services Corporation, Central Parking Corporation, Baldwin Piano Company, Logan’s Roadhouse, Total Nonstop Action Wrestling, Oreck Corporation, Paper Garden Records, and RGK Entertainment Group, just to name a few. The local unemployment rate of Nashville has recently risen to 5%, which is actually lower than the national average. The economic outlook has had trouble spots, but it has improved in a lot of different ways, and has a great job growth ratio.
The city has a great tradition of sports teams and most notably some in the NFL and NHL. The big teams in the area are the Nashville Predators and the Tennessee Titans. There are other teams in minor leagues and smaller leagues, as well as many teams in the NCAA. Some of the larger schools with a great sports tradition include Vanderbilt and Tennessee State University, both playing at the nearby LP Field.
The Nashville crime rate has been reported to have dropped to a 20 year low in recent months, and it’s interesting to note that the area previously had a crime rate of 82 per one thousand residents. There are still some non-violent property crimes on the rise, but there has been an overall decrease in criminal homicides and grand theft in the greater metropolitan area.