The typical asking rate per listing is in the $30's per square foot per year. The Midtown submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 12% decrease in rent.
Compared to the rest of the Metro Atlanta market, the Midtown region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 608 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Midtown 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 5,690 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 12 stories. Most buildings in this region were built in 1974 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Health care is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Midtown occupants. Commuting approximately 30 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 Midtown.
Get email notifications when new listings are posted that match your requirements.