The typical asking rate per listing is in the $30's per square foot per year. The Perimeter Center submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the Metro Atlanta market, the Perimeter Center region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 283 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Perimeter Center 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 2,820 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 11 floors. Most buildings in this area were built in 1986 and are Class A.
Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Perimeter Center residents. Commuting around 10 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 Perimeter Center.
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