The typical asking rate per listing is in the $30's per square foot per year. The Five Points District submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $30 per sqft per year.
Compared to the rest of the Metro Atlanta market, the Five Points District region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 7 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 43% of the available space in the Five Points District are subleases, so you might be able to snag a great spot on a short term. 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 4,130 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 6 floors. Most buildings in this area were built in 1960 and are Class B.
Wholesale trade is the dominant industry in this region. Most of the occupants of Five Points District work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.