Most listings are in the $20's per square foot per year. The SoBro region is seeing a decline in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 30% decrease in rent.
Compared to the rest of the Nashville market, the SoBro submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 6 listings have been posted online, which means listings 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.
The standard measurement for office space in this area is around 2,400 sqft. Most buildings in this region are around 5 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 residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.