Most listings are in the $40's per square foot per year. The Lenox submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 5% increase in rent.
Compared to the rest of the Metro Atlanta market, the Lenox region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 93 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the listings in the Lenox 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,200 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 13 floors. Most buildings in this area were built in 1984 and are Class A.
Public administration is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Lenox folk. Commuting more than an hour and a half 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 Lenox.
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