On average, listings lease in the $30's per square foot per year. The Downtown Atlanta submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the Metro Atlanta market, the Downtown Atlanta submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 751 listings have come on the market, so you'll want to check back regularly for new listings. About 10% of the office spaces in the Downtown Atlanta are subleases, so you might be able to snag a great spot on a short term. 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 9,740 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 12 stories. Most buildings in this market were built in 1961 and are Class A.
This area is fairly equally mixed residential and commercial. Company management is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Atlanta residents. Commuting between 30 and 45 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 Downtown Atlanta.
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