On average, listings lease in the $30's per square foot per year. The Cumberland submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 18% rise in rent.
Compared to the rest of the Metro Atlanta market, the Cumberland submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 41 listings have come on the market, so you'll want to check back regularly for new listings. About 34% of the available space in the Cumberland are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 10,950 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 15 stories. Most buildings in this region were built in 1989 and are Class A.
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.