The typical asking rate per listing is in the $40's per square foot per year. The Cumberland submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $40 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Metro Atlanta market, the Cumberland submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 5 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 3,040 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 12 stories. Most buildings in this region were built in 1986 and are Class A.
Arts, entertainment, and restaurants are the dominant industries in this area. 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.