Lenox Office Space

Lenox

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
3,200
As of: July 21, 2017

Lenox Rates

Most listings are in the $30's per square foot per year. The Lenox region is seeing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 5% decrease in rent.

Compared to the rest of the Metro Atlanta market, the Lenox submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Lenox Listing Supply

In the last 90 days, 19 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 63% of the available space in the Lenox 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,200 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 13 stories. Most buildings in this area were built in 1984 and are Class A.

Lenox Community

Public administration is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Lenox folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Lenox.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lenox.
Research