The typical asking rate per listing is in the $30's per square foot per year. The Five Points District region is going through a an increase in rates. In the last 3 months, the median rate went up $14 per sqft per year. That's a 84% rise in rent.
Compared to the rest of the Metro Atlanta market, the Five Points District region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 7 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 4,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 6 stories. Most buildings in this market were built in 1960 and are Class B.
Wholesale trade is the dominant industry in this area. Most of the folk of Five Points District work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.