The typical asking rate per listing is in the $30's per square foot per year. The Downtown Atlanta region is going through a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the Metro Atlanta market, the Downtown Atlanta region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 751 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the listings in the Downtown Atlanta are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 5,770 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 9 floors. Most buildings in this area were built in 1960 and are Class A.
This area is fairly equally mixed residential and commercial. Company management is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Atlanta folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Downtown Atlanta.
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