The typical asking rate per listing is in the $30's per square foot per year. The Centennial Hill submarket is going through a a rise in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 32% rise in rent.
Compared to the rest of the Metro Atlanta market, the Centennial Hill submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 6 listings have been listed, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available space in the Centennial Hill are subleases, so you might be able to find a shorter term or below market rent. 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 8,335 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 27 stories. Most buildings in this region were built in 2007 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Centennial Hill folk. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.