SoBro Industrial

SoBro

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$50
Median Size (sqft)
2,080
As of: July 22, 2017

SoBro Rates

On average, listings lease in the $50's per square foot per year. The SoBro region is seeing a a rise in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 15% increase in rent.

Compared to the rest of the Nashville market, the SoBro region has higher rates, and you'll need to pay a premium to be in this hot submarket.

SoBro Listing Supply

In the last 90 days, 6 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 83% of the listings in the SoBro are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,080 sqft. Most properties in this region are around 4 floors. Most buildings in this region were built in 1962 and are Class B.

SoBro Community

A large portion of this market is residential, but there's plenty of office_space. Public administration is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst SoBro occupants. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in SoBro.
Market Report

Market Data

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