The Singin’ South
When you picture Nashville, what’s the first thing that comes to mind? For most, it’s something with a musical connotation. Nashville, Tennessee has a reputation that extends beyond the United States, and that reputation is largely tied up in music. Some of the best country music of all time has come out of Nashville, and more is being produced there all the time.
Any city with a national renown of this kind is going to see a regular influx of residents. At the same time, many are going to go. Oftentimes those who come will be making the move for reasons of business. As a result, there’s going to be a need for office space.
Finding Office Space in Nashville
According to Tenant Base, office space in Nashville is at a premium as “Nashville, Tennessee’s state capital, has experienced an economic boom attracting considerable attention in the past few years.”
Not only is the regular population stream a component of normal egress in Nashville, that trend is growing. If you’re going to find affordable office space, you’ve got to find the right people to go through. Currently, office rental in the city of country music is pushing $30 per square foot, averaging over $27 per square foot currently.
That means for an office that’s only ten feet by ten feet, you’re looking at $2,700 a month. In a year’s time, at that rate, you’ll have paid $32,400. That is quite a chunk of change. When you’re in the market for such premium business space, you are going to want to find the best deals possible.
Unfortunately, premium space is going to come at top-tier pricing in Nashville today. But that’s fortunate as well, as it demonstrates only those who mean business are able to lease anything. So the trade-off is professionalism.
Already A Large City
Nashville proper is under 700,000 in population. If you include the surrounding metropolitan area, you’re looking at more than 1.8 million people. This population rivals Seattle, Portland, Denver, and other cities who have accrued—and are accruing—international reputations.
The good news here is that if you’re willing to go without the epicenter of the metropolis, you’re likely going to see a marked decrease in office space costs per square foot. Effectively, you can “work your way up” to the more premium areas.
Still, Nashville today is becoming comparable to even larger cities like San Francisco. Thankfully, things have yet to become as congested as they have in that city, where the same kind of office space is clocking in at $72+ per square foot. Compared to San Fran, Nashville is exceptionally affordable. But then you’ve got to consider that San Francisco has recently surpassed New York in office space cost.
What this ultimately means is that if you want to get an affordable deal on office rental in Nashville, now is the time to buy. Using resources that are vetted and established can definitely help save you a lot of time as you conduct this search.
Finding A Toehold In The City of Country Music
With a burgeoning economy and office rental costs that are reasonable when looked at in reference to prices in other regions of the country, Nashville has plenty to offer. Especially considering the sea change that has taken place in Washington, it looks as though cities traditionally considered “conservative” are in line for an economic influx in the coming years.
Now is the time to find and claim your spot, so get online and search through available office space to find that which best suits your needs!