SoNo Office Space

SoNo

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$43
Median Size (sqft)
5,770

SoNo Rates

Most listings are in the $40's per square foot per year. The SoNo region is going through a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% increase in rent.

Compared to the rest of the Metro Atlanta market, the SoNo submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

SoNo Listing Supply

In the last 90 days, 199 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the available leases in the SoNo are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 5,770 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 14 floors. Most buildings in this area were built in 1974 and are Class B.

SoNo Community

This area is fairly equally mixed residential and commercial. Arts, entertainment, and restaurants are the dominant industries in this area. Most of the residents of SoNo work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in SoNo.
Research