Most listings are in the $40's per square foot per year. The SoBro submarket is going through a an increase in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 17% rise in rent.
Compared to the rest of the Nashville market, the SoBro region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 7 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 5,400 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 8 stories. Most buildings in this area were built in 1947 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Public administration is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst SoBro folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.