The typical asking rate per listing is in the $30's per square foot per year. The Midtown region is seeing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 12% decrease in rent.
Compared to the rest of the Metro Atlanta market, the Midtown submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 608 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Midtown 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 5,690 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 12 floors. Most buildings in this area were built in 1974 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Health care is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Midtown residents. Commuting close to 30 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 Midtown.
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