The typical asking rate per listing is in the $30's per square foot per year. The North Springs region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the Metro Atlanta market, the North Springs submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 46 listings have been posted online, so you'll want to check back regularly for new listings. About 9% of the listings in the North Springs 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 7,050 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 10 stories. Most buildings in this market were built in 1997 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Most of the residents of North Springs work from home. Commuting approximately 20 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 North Springs.
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