Cumberland Commercial Real Estate

Cumberland

Market Report

Number of Listings
Posted in the last 90 days
11
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
8,040

Cumberland Rates

Most listings are in the $20's per square foot per year. The Cumberland submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 24% decrease in rent.

Compared to the rest of the Metro Atlanta market, the Cumberland region has greater rates, and you'll need to make a great offer to be in this hot submarket.

Cumberland Listing Supply

In the last 90 days, 172 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the available space in the Cumberland are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 8,040 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 15 stories. Most buildings in this area were built in 1989 and are Class A.

Cumberland Community

Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Cumberland folk. Commuting between 20 and 25 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.
Research