Most listings are in the $20's per square foot per year. The SoNo region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Metro Atlanta market, the SoNo region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 8 listings have been posted online, which means new availabilities 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 11,300 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 14 stories. Most buildings in this region were built in 1974 and are Class A.
This area is fairly equally mixed residential and commercial. Arts, entertainment, and restaurants are the dominant industries in this area. 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.