On average, listings lease in the $20's per square foot per year. The Vinings region is experiencing a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 21% decline in rent.
Compared to the rest of the Metro Atlanta market, the Vinings submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 16 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 63% of the listings in the Vinings are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 4,620 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 11 floors. Most buildings in this area were built in 1987 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Vinings residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.