The typical asking rate per listing is in the $20's per square foot per year. The Peachtree Center region is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 9% decline in rent.
Compared to the rest of the Metro Atlanta market, the Peachtree Center submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 15 listings have been posted online, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 13% of the office spaces in the Peachtree Center 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 3,970 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 19 stories. Most buildings in this area were built in 1960 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 folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.