Music Row (Nashville) Office Space for Rent
At the heart of Nashville’s entertainment industry lies Music Row, a neighborhood developed in the 1950s and full of offices of record labels, recording studios, video production houses, and more. The area is a historical district but also features modern dining and several retail options. Music Row office space can be hard to come by as it is always in high demand.
When you are looking for office space for rent in Music Row, Nashville, most options for office space are pretty spacious. Music production companies, distributors, and other professionals in the entertainment industry will fit in with the bright, emotion-filled atmosphere that lights up the creative part of the city.
Music Row Office Space – Lease Data & Trends
As Nashville bounced back quickly from the pandemic, Music Row office space rent hovered around $20 per square foot. In the second quarter of 2021, Music Row’s submarket inventory of square footage grew significantly from the development of the Moore Building, boasting 227,000 sq ft. Developers have plans at 1030 Music Row to add more office space by the third quarter of 2022, increasing the value of office buildings in the neighborhood.
Additionally, an investment in 11 Music Circle South in the Green Hills and Music Row submarket increased value thanks to its price of $458 per square foot. The vacancy rate between Q2 and previous quarters is virtually the same; however, data forecasts that Music Row’s office market will grow significantly from these new developments. Rent in Music Row has also stayed consistent despite more vacancies in other neighborhoods.
What Our Brokers Say About Music Row Office Space
Music Row’s diverse entertainment industry entails music performance and recording, publishing, writing, and distributing. These creative endeavors set up a multitude of opportunities for renting office space in Music Row. With the high demand for these spaces, musicians, recording engineers, and other creative business owners prevent vacancies in the offices of this part of town.
Music Row has office space for lease at reasonably affordable prices compared to other parts of Nashville, yet is home to several famous offices in the entertainment industry, including RCA Studio B, where Elvis Presley recorded music. The Sony Music Publishing LLC also calls Music Row headquarters, as does Quonset Hut, the first music studio in the area. Creative companies target the Music Row area for its sizable office buildings, ideal for building a recording studio or starting an animation company.
Top Commercial Buildings in Music Row
1019 17th Avenue South: Current availabilities include a 913 square-foot, 2nd-floor office — the perfect size for any small business, from a small production company to a law firm.
1030 Music Row: Featuring large spaces ranging from 10,000 square feet to just over 26,000 square feet, Music Row’s offerings in this building are large enough to accommodate a large recording studio office with multiple rooms for engineering and post-production.
49 Music Square West: This office building has available suites ranging from 2,000 to 7,800 square feet in size, with many units boasting flexible lease terms.
Get to Know Music Row
The hustle and bustle of Music Row and its enthralling musical entertainment add to the thrill of this Nashville neighborhood, and the area brings musicians from all parts of the world. Traveling through the site by car or bike is ideal for navigating to and from Music Row’s exuberant nightlife and busy streets.
Once the site of the Country Music Hall of Fame, Music Row was a popular tourist attraction in the 1990s. Today you can enjoy the Grand Ole Opry from Music Row or watch a sporting event at the Bridgestone Arena. Ryman Auditorium is also a popular spot for concerts in Nashville, with 100 years steeped in music history.
In the way of dining, Music Row has several bars where you’ll find great food, beverages, and live music. Music Row’s historical museums celebrate music history in Nashville with the Musician’s Hall of Fame and Museum. Several statues around the area honor the talented musicians who formed Nashville’s music history.
Why Rent Office Space in Nashville’s Music Row?
Why should you rent Nashville office space on Music Row? Music Row offers a wide variety of entertainment, from country music to contemporary Christian. Restaurants such as The Row Kitchen & Pub and Hopsmith Nashville offer flavorful Southern and American dishes that pair well with a brew after working long hours in Music Row, Nashville, TN.
Pricing in this part of the city for office space isn’t as high as other areas in Nashville, although small office spaces for rent are harder to locate due to their increased scarcity compared to large office buildings. The central location of Music Row makes it an excellent place to set up office space for your business.
Nearby Neighborhoods to Set Up Office Space
Are you looking for a different neighborhood in Music City a bit farther away from Music Row? Other office space listings from different neighborhoods may suit your fancy.
Edgehill Village: Adjacent to Music Row, this village primarily contains commercial space. Within walking distance from several other neighborhoods, Edgehill allows you to focus on your retail business while offering affordable housing.
Demonbreun Hill: Just a quarter-mile in length, this neighborhood has a fun atmosphere and is popular with young adults. Demonbreun Hill is also near more prominent areas like Midtown for easy traveling convenience.
Gulch: If you can’t find any Music Row office space for lease, the Gulch is a contemporary neighborhood ideal for walking the streets and is home to Gulch Crossing, a Class A collaborative office space.
For more information on finding the proper Nashville, TN office space for your company, contact us — we will help you find a space that fits your needs, whether it’s a Music Row office space or one in the surrounding areas.