The typical asking rate per listing is in the $30's per square foot per year. The Perimeter Center submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 7% decline in rent.
Compared to the rest of the Metro Atlanta market, the Perimeter Center region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 39 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 18% of the listings in the Perimeter Center are subleases, so you might be able to snag a great spot on a short term. 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 3,540 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 11 floors. Most buildings in this region were built in 1986 and are Class A.
Finance and insurance are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Perimeter Center occupants. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.