Old Fourth Ward Office Space

Old Fourth Ward

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
14,000
As of: June 26, 2017

Old Fourth Ward Rates

Most listings are in the $30's per square foot per year. The Old Fourth Ward region is seeing a a boost in rates. In the last 3 months, the median rate went up $36 per sqft per year.

Compared to the rest of the Metro Atlanta market, the Old Fourth Ward submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Old Fourth Ward Listing Supply

In the last 90 days, 5 listings have been listed, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 40% of the available leases in the Old Fourth Ward are subleases, so you might be able to find a shorter term or below market rent. 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 14,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 3 floors. Most buildings in this market were built in 2008 and are Class A.

Old Fourth Ward Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Old Fourth Ward residents. Commuting under 5 minutes 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 Old Fourth Ward.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Old Fourth Ward.
Research