The typical asking rate per listing is in the $30's per square foot per year. The Perimeter Center submarket is going through a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 14% decrease in rent.
Compared to the rest of the Metro Atlanta market, the Perimeter Center region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 34 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 9% of the available space in the Perimeter Center are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,990 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 11 floors. Most buildings in this region were built in 1986 and are Class A.
Finance and insurance are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Perimeter Center folk. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.