The typical asking rate per listing is in the $30's per square foot per year. The Cumberland submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 15% decrease in rent.
Compared to the rest of the Metro Atlanta market, the Cumberland submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 41 listings have been made available, so you'll want to check back regularly for new listings. 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 10,950 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 15 stories. Most buildings in this market were built in 1986 and are Class A.
Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Cumberland residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.