On average, listings lease in the $20's per square foot per year. The Peachtree Center region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 12% decrease in rent.
Compared to the rest of the Metro Atlanta market, the Peachtree Center submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 12 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 8% of the listings in the Peachtree Center are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 5,950 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 19 stories. Most buildings in this region were built in 1961 and are Class A.
Utilities is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Peachtree Center residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.