The typical asking rate per listing is in the $30's per square foot per year. The Perimeter Center region is going through a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 10% decline in rent.
Compared to the rest of the Metro Atlanta market, the Perimeter Center submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 283 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the available space in the Perimeter Center are subleases, so you will probably have to focus your search on direct office leases. 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 3,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 11 stories. Most buildings in this area were built in 1986 and are Class A.
Finance and insurance are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Perimeter Center occupants. Commuting approximately 10 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 Perimeter Center.
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