Most listings are in the $50's per square foot per year. The SoNo submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $21 per sqft per year. That's a 73% rise in rent.
Compared to the rest of the Metro Atlanta market, the SoNo region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 24 listings have been made available, which means spaces are probably leasing quickly. 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.
Even though the median size is 22,860 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 14 floors. Most buildings in this area were built in 1974 and are Class A.
This market is fairly equally mixed residential and commercial. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the residents of SoNo work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.