SoBro Office Space

SoBro

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$49
Median Size (sqft)
3,300
As of: June 25, 2017

SoBro Rates

The typical asking rate per listing is in the $40's per square foot per year. The SoBro region is seeing a a boost in rates. In the last 3 months, the median rate increased $49 per sqft per year.

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

SoBro Listing Supply

In the last 90 days, 6 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 167% of the office spaces in the SoBro are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,300 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 4 floors. Most buildings in this region were built in 1962 and are Class B.

SoBro Community

A large portion of this area 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 around 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