The typical asking rate per listing is in the $10's per square foot per year. The SoBro region is going through a decrease in rates. In the last 3 months, the median rate fell $20 per sqft per year. That's a 56% decrease in rent.
Compared to the rest of the Nashville market, the SoBro submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 5 listings have been made available, which means listings are probably going fast. 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.
The standard measurement for office space in this area is around 2,010 sqft. Most buildings in this region are approximately 8 floors. Most buildings in this market were built in 1960 and are Class A.
A large portion of this market 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 close to an hour a day is the norm for those who opt to reside in this part of town.