On average, listings lease in the $30's per square foot per year. The Marietta Street Artery submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $33 per sqft per year.
Compared to the rest of the Metro Atlanta market, the Marietta Street Artery submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 1 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the listings in the Marietta Street Artery 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 960 sqft. Most buildings in this region are close to 4 stories. Most buildings in this market were built in 1903 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Most of the occupants of Marietta Street Artery work from home. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.