2024 Office Space Rent & Sales
- $21.07 2024 Avg. Asking Rent
- 8.87% 2024 Office Vacancy Rate
Chattanooga office price per square foot in 2024 was $21.07 on average. The local office market recorded an average vacancy rate of 8.87% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Tennessee Class A & A+ Office Space$30.18
- Tennessee Class B Office Space$23.45
- Tennessee Class C Office Space$17.82
Chattanooga, TN Office Asking Rents by Class
2024 Office Vacancy Rates in Chattanooga
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Chattanooga - East | $24.50 | 4.56% |
| Chattanooga -South | $22.74 | 50.51% |
| Chattanooga -Downtown | $17.47 | 6.57% |
Office Spaces for Rent in Tennessee
- Nashville Office Space
- Huntsville Office Space
- Brentwood Office Space
- Franklin Office Space
- Chattanooga Office Space
- La Vergne Office Space
- Mount Juliet Office Space
- Murfreesboro Office Space
- Hermitage Office Space
- Lebanon Office Space
- Antioch Office Space
- Berry Hill Office Space
- Columbia Office Space
- Madison Office Space
- Gallatin Office Space
Coworking Spaces in Tennessee
- Atlanta Coworking Space
- Chicago Coworking Space
- Nashville Coworking Space
- Charlotte Coworking Space
- Indianapolis Coworking Space
- Columbus Coworking Space
- Cincinnati Coworking Space
- Raleigh Coworking Space
- Alexandria Coworking Space
- Birmingham Coworking Space
- Durham Coworking Space
- Kansas City Coworking Space
- St. Louis Coworking Space
- Louisville Coworking Space
- Memphis Coworking Space
- Alpharetta Coworking Space
- Cleveland Coworking Space
- Richmond Coworking Space
- Asheville Coworking Space
- Knoxville Coworking Space
- Chattanooga Coworking Space
2024 Office Construction in Chattanooga, TN
| Office building | Address | SF | Completed |
|---|---|---|---|
| 1909 Gunbarrel Road | 1909 Gunbarrel Road, 37421 | 6,300 | 2025 |
| Central Crossing | 1939 Central Ave, 37408 | 52,200 | 2024 |
| 1607 Central Ave | 1607 Central Ave, 37408 | 23,904 | 2024 |
| 1939 Central Ave Suite 102 | 1939 Central Ave Suite 102, 37408 | 2,355 | 2024 |
| 1939 Central Ave Suite 101 | 1939 Central Ave Suite 101, 37408 | 1,930 | 2024 |
| 1939 Central Ave Suite 103 | 1939 Central Ave Suite 103, 37408 | 1,285 | 2024 |
| 1939 Central Ave Suite 104 | 1939 Central Ave Suite 104, 37408 | 963 | 2024 |
| Meeting Pointe | 1208 Pointe Centre Dr. -- Meeting Pointe, 37421 | 40,760 | 2006 |
| 1210 Bldg. | 1210 Premier Dr, 37421 | 42,039 | 2001 |
| Two Corporate Office Spaces Available | 6101 Enterprise Park Drive, 37416 | 16,502 | 2000 |
Worth noting among recent office completions on the Chattanooga market is 1909 Gunbarrel Road, which is currently the largest new office development in the city, at 6,300 square feet.
See reports for other markets
- Nashville Office Rent Price
- Memphis Office Rent Price
- Knoxville Office Rent Price
- Brentwood Office Rent Price
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- Dallas Office Rent Price
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- Phoenix Office Rent Price
- Austin Office Rent Price
- Atlanta Office Rent Price
- San Francisco Office Rent Price
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Chattanooga commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.