The typical asking rate per listing is in the $40's per square foot per year. The SoBro region is experiencing a a rise in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 23% rise in rent.
Compared to the rest of the Nashville market, the SoBro submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 7 listings have been posted online, which means leases most likley are 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 5,400 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 8 floors. Most buildings in this area were built in 1947 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 residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.