Morristown, TN, is experiencing a steady recovery in its office leasing market, with vacancy rates hovering around 10 percent. This reflects a modest decline from previous years, indicating increased demand for commercial spaces as local businesses rebound post pandemic. Market health indicators suggest stable rental rates with slight upward pressure in prime locations, signaling sustained interest from both small and midsized enterprises.
The coworking sector is gaining traction, with several flexible office providers entering the market, catering to the rising number of freelancers and remote workers. This trend supports local entrepreneurship by providing affordable, flexible workspace solutions.
For small businesses seeking office space, the current landscape offers opportunities for negotiation, particularly in less sought after districts. Proximity to amenities and transportation remains crucial, while businesses should consider incorporating flexible office arrangements to attract talent and minimize overhead costs. Overall, Morristowns commercial real estate environment is becoming increasingly favorable for growth oriented companies.
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Showing 1 - 20 of 347 buildings with 58 total listings
726 McFarland St, Morristown, TN 37814
Located in the heart of Morristown, TN, the former Lakeway Regional Medical Center lends itself to a number of medical and/or senior care uses....
1 special purpose space 127,746 square feet.
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4520 Enka Hwy, Morristown, TN 37813
Many opportunities exist for the development of these 10.65+/- acres at Exit 12 of I-81 in Hamblen County. Adjacent to the Property is a Phillips...
1 land
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160 Enka Hwy, Morristown, TN 37813
Long interstate frontage leading back to the main part of the property. This 4-acre tract is adjacent to a 10.65-acre tract that is currently...
1 land
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109 E Main St, Morristown, TN 37814
A great building downtown Morristown for sale. Includes the 2 retail stores downstairs, and the 2 lofts upstairs. One of the lofts is bare right...
1 office space
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1 retail space
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