On average, listings lease in the $30's per square foot per year. The North Springs submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $36 per sqft per year.
Compared to the rest of the Metro Atlanta market, the North Springs submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 7 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 86% of the available leases in the North Springs 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 12,850 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 10 floors. Most buildings in this area were built in 2000 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Most of the residents of North Springs work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.