On average, listings lease in the $20's per square foot per year. The Poncey-Highland submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 17% decrease in rent.
Compared to the rest of the Metro Atlanta market, the Poncey-Highland region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 4 listings have been listed, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 400 sqft. Most buildings in this region are close to 3 stories. Most buildings in this area were built in 1924 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Poncey-Highland folk. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.