On average, listings lease in the $30's per square foot per year. The Five Points District submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the Metro Atlanta market, the Five Points District submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 81 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the available space in the Five Points District are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,350 sqft. Most properties in this area are around 6 floors. Most buildings in this region were built in 1960 and are Class B.
Wholesale trade is the dominant industry in this market. Most of the occupants of Five Points District work from home. 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 Five Points District.
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