Downtown Nashville Office Space for Rent
Downtown Nashville is a significant hub of country music entertainment and other delights in Music City. The bustling urban community is complete with bars on Broadway, a thriving downtown main street, sprawling buildings, one-of-a-kind restaurants, shopping centers, and other attractions.
Business owners and professionals who want to work in the heart of Music City should consider Downtown Nashville office space, which is plentiful throughout the neighborhood. Developers are constantly working on the area to make it a prime destination for living and working instead of a tourism-focused location.
To learn more about Downtown Nashville office space for lease or rent, please get in touch with SquareFoot today. We offer services, including assistance searching for office space for lease in Downtown Nashville.
Downtown Nashville Office Space – Lease Data & Trends
According to current employment trends, Nashville is recovering from the economic effects of the COVID-19 pandemic. While the country’s recovery rate rests at about 53%, Nashville has recovered about 70% of jobs lost to the pandemic, resulting in an unemployment rate of 4.3%. From 2023 to 2025, the city is likely to recover an additional 0.9% of jobs annually.
Nashville has a year-to-date office space vacancy rate of 12.9%, but the trend is on an upward swing. The end of the second quarter of 2021 saw more than 950,000 square feet of commercial rental and lease transactions, with a year-to-date total nearing 1.6 million square feet.
The increased demand for office space throughout the city, including Downtown Nashville, is due to expansions by Amazon and Wellpath, a healthcare company.
What Our Brokers Say About Downtown Nashville Office Space
Downtown Nashville isn’t only the go-to place to experience country music at its finest. It’s also Nashville’s most extensive business district, with hundreds of local and regionally owned companies.
Downtown Nashville has a two-mile footprint and continues to expand. In 2020 alone, 35 new businesses sprung up, and experts estimate this growth will continue.
Major companies and industries in the area include the 2.1 million-square-foot Music City Center, healthcare companies, higher education, tourism, and technology manufacturing. Companies looking for office space in the region have many options, including shared office solutions within the Financial and Arts Districts.
Top Commercial Buildings in Downtown Nashville
150 4th Avenue North: This impressive Class A 25-story building in the heart of Downtown Nashville offers many amenities. Business owners seeking Downtown Nashville office space enjoy the state-of-the-art conferencing facility, controlled lobby, security system, and onsite property management.
330 Commerce Street: Business owners looking for a flexible lease term in a Class A building should consider leasing at 330 Commerce St. Constructed in 1986 and renovated in 1998, this building has four floors, onsite parking, and onsite security.
700 8th Avenue South: The Voorhees Building occupies a central location in the famous Gulch neighborhood, about a mile from the middle of Downtown Nashville. As a historic property built in 1945, it has access to a bus line for added accessibility. The building will be part of a mixed-use plan that professionals and retailers consider a worthy future investment.
1201 Demonbreun Street: As a 15-story, Class A office tower, 1201 Demonbreun sits in the heart of the city’s most urban community. The building has a two-story lobby, energy-efficient design, and about 26,000 square feet of rentable space on each floor. Amenities include easy access to dining establishments, banks, and a full-service fitness center.
Get to Know Downtown Nashville
Whether you’re a fan of country music or not, there is much to appreciate about Downtown Nashville. Home to many historic buildings, museums, and art galleries, the area is also an excellent place to live and work if you enjoy shopping or visiting music venues.
You can experience all that Downtown Nashville has to offer with the help of Downtown Dollars, the community’s e-gift card that you can redeem at many downtown retailers, entertainment destinations, restaurants, and services. You can use your Downtown Dollars with ease whether you plan to unwind at a local chef-driven restaurant after a day at the office or want to check out the local music scene on your day off.
Why Rent Office Space in Downtown Nashville?
Convenience and urban living are the two primary reasons to rent office space in Downtown Nashville. The community is full of unique office space solutions perfect for everyone, including freelance workers and major corporations.
With its central location in Nashville, you and your colleagues will easily access the parks, cultural hotspots, and city nightlife. The neighborhood is near many suburban communities if you prefer to work in a thriving hub and relax in a quiet residential area.
Nearby Neighborhoods to Set Up Office Space
Downtown Nashville offers many amenities for professionals and business owners seeking office space in the community. However, to find the best property for your business’s needs, consider properties in nearby neighborhoods, like the ones below.
East Nashville: Developers have made significant improvements to East Nashville, drawing the attention of many young families, musicians, and entertainers. The community has growing commercial space along Trinity Lane and Gallatin Pike, with plenty of prime office space sprinkled throughout the neighborhood.
Franklin: Franklin is about 30 minutes away from Downtown Nashville, but it’s worth mentioning for anyone looking for office space nearby. The area is predominately residential, but it has worthwhile commercial and office real estate sections around its main street area. Due to the area’s history and high demand, office settings are trendy and unique.
21st Avenue South: Hillsboro Village, 21st Ave is between Vanderbilt and Belmont Universities, so it’s popular for young adults. The neighborhood is full of unique boutiques, eateries, and a good blend of office, retail, and commercial space.
When you’re ready to acquire Downtown Nashville office space, reach out to our team at SquareFoot. We have the tools, experience, and real estate expertise to help you explore ideal office spaces in prime locations. Call (917) 909-2953 today to get started.