On average, listings lease in the $20's per square foot per year. The South Downtown region is seeing a decrease in rates. In the last 3 months, the median rate fell $32 per sqft per year. That's a 58% decline in rent.
Compared to the rest of the Metro Atlanta market, the South Downtown submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 0 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available space in the South Downtown are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 20,990 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 3 floors. Most buildings in this area were built in 1950 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Agriculture is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst South Downtown occupants. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.