On average, listings lease in the $20's per square foot per year. The Centennial Hill submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 42% decrease in rent.
Compared to the rest of the Metro Atlanta market, the Centennial Hill submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 10 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the listings 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 posted, so finding a space for a small business might be tough.
Even though the median size is 23,580 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 60 floors. Most buildings in this market were built in 2007 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Centennial Hill occupants. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.