Most listings are in the $30's per square foot per year. The Cumberland submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 11% decrease in rent.
Compared to the rest of the Metro Atlanta market, the Cumberland region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 15 listings have been listed, which means listings 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.
Even though the median size is 5,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 12 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 folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.