North Springs Retail

North Springs

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
5,510

North Springs Rates

The typical asking rate per listing is in the $30's per square foot per year. The North Springs region is experiencing a a rise in rates. In the last 3 months, the median rate went up $11 per sqft per year. That's a 42% increase in rent.

Compared to the rest of the Metro Atlanta market, the North Springs submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

North Springs Listing Supply

In the last 90 days, 46 listings have been posted online, so you'll want to check back regularly for new listings. About 13% of the office spaces in the North Springs are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 5,510 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 10 floors. Most buildings in this area were built in 1997 and are Class A.

North Springs Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Most of the occupants of North Springs work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in North Springs.
Research