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.
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.
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.