On average, listings lease in the $10's per square foot per year. The Oakwood submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 20% decrease in rent.
Compared to the rest of the Metro Atlanta market, the Oakwood submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 23 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 22% of the listings in the Oakwood are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,340 sqft. Most buildings in this area were built in 2008 and are Class A.
Real time and historical data on commercial real estate listings in Oakwood.
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