Lenox Office Space

Lenox

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$41
Median Size (sqft)
6,020
As of: December 5, 2016

Lenox Rates

The typical asking rate per listing is in the $40's per square foot per year. The Lenox region is going through a a rise in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 24% rise in rent.

Compared to the rest of the Metro Atlanta market, the Lenox submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Lenox Listing Supply

In the last 90 days, 12 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 6,020 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 13 floors. Most buildings in this market were built in 1981 and are Class A.

Lenox Community

Public administration is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Lenox occupants. 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