Cumberland Mills Retail

Cumberland Mills

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,150

Cumberland Mills Rates

The typical asking rate per listing is in the $20's per square foot per year. The Cumberland Mills submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 2% rise in rent.

Cumberland Mills Listing Supply

In the last 90 days, 49 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Cumberland Mills are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,150 sqft. Most buildings in this area are around 1 stories. Most buildings in this area were built in 1917 and are Class B.

Cumberland Mills Community

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 folk. 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 Cumberland Mills.
Research