The typical asking rate per listing is in the $30's per square foot per year. The Buckhead submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 12% decline in rent.
Compared to the rest of the Metro Atlanta market, the Buckhead submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1066 listings have been made available, so you'll want to check back regularly for new listings. About 9% of the available space in the Buckhead are subleases, so you will probably have to consider a longer term lease. 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 3,180 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 10 floors. Most buildings in this area were built in 1985 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Buckhead folk. Commuting between 20 and 25 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 Buckhead.
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