The typical asking rate per listing is in the $10's per square foot per year. The Cumberland Mills submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 7% decrease in rent.
In the last 90 days, 49 listings have been posted online, so you'll want to check back regularly for new listings. About 14% of the available space in the Cumberland Mills are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,460 sqft. Most properties in this area are around 1 stories. Most buildings in this region were built in 1917 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Cumberland Mills residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Cumberland Mills.
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