Most listings are in the $20's per square foot per year. The SoBro region is seeing a decrease in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 30% decline in rent.
Compared to the rest of the Nashville market, the SoBro region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 6 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,400 sqft. Most properties in this area are close to 8 stories. Most buildings in this region were built in 1960 and are Class A.
A large portion of this region 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 folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.