On average, listings lease in the $30's per square foot per year. The North Buckhead submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 12% decrease in rent.
Compared to the rest of the Metro Atlanta market, the North Buckhead region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 65 listings have been made available, so you'll want to check back regularly for new listings. About 85% of the listings in the North Buckhead 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,330 sqft. Most properties in this region are approximately 18 floors. Most buildings in this market were built in 1987 and are Class A.
This market is fairly equally mixed residential and commercial. Waste services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst North Buckhead residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.