The typical asking rate per listing is in the $40's per square foot per year. The Lenox region is going through a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 5% rise in rent.
Compared to the rest of the Metro Atlanta market, the Lenox submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 93 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Lenox 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.
Even though the median size is 3,200 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 13 floors. Most buildings in this region were built in 1984 and are Class A.
Public administration is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Lenox occupants. Commuting more than an hour and a half 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 Lenox.
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