Royal Industrial

Royal

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
5,440

Royal Rates

Most listings are in the $20's per square foot per year. The Royal region is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 9% decline in rent.

Compared to the rest of the Metro Atlanta market, the Royal region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Royal Listing Supply

In the last 90 days, 84 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Royal are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 5,440 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this market were built in 1998 and are Class A.

Royal Community

Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Royal occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Royal.
Research