The typical asking rate per listing is in the $30's per square foot per year. The Cumberland region is seeing a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 15% decrease in rent.
Compared to the rest of the Metro Atlanta market, the Cumberland region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 41 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Cumberland are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 10,950 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 15 stories. Most buildings in this region were built in 1986 and are Class A.
Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Cumberland residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.