On average, listings lease in the $30's per square foot per year. The Centennial Hill region is going through a an increase in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 14% rise in rent.
Compared to the rest of the Metro Atlanta market, the Centennial Hill region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 11 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 27% of the listings in the Centennial Hill 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 12,340 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 27 floors. Most buildings in this area were built in 2007 and are Class A.
This region is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Centennial Hill occupants. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.