On average, listings lease in the $30's per square foot per year. The Royal submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 10% increase in rent.
Compared to the rest of the Metro Atlanta market, the Royal region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 12 listings have been made available, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 83% of the office spaces in the Royal are subleases, so you might be able to snag a great spot on a short term. 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 6,560 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this region were built in 1998 and are Class A.
Professional services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Royal residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.