Westpark Office Space

Westpark

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
5,800
As of: June 22, 2017

Westpark Rates

The typical asking rate per listing is in the $10's per square foot per year. The Westpark region is experiencing a an increase in rates. In the last 3 months, the median rate rose $16 per sqft per year.

Compared to the rest of the Metro Atlanta market, the Westpark region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Westpark Listing Supply

In the last 90 days, 2 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 150% of the available leases in the Westpark are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 5,800 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1991 and are Class B.

Westpark 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 region. Most of the occupants of Westpark work from home. Commuting around an hour and a half 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 Westpark.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Westpark.
Research