The typical asking rate per listing is in the $30's per square foot per year. The Perimeter Center submarket is seeing a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 1% decline in rent.
Compared to the rest of the Metro Atlanta market, the Perimeter Center submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 40 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 13% of the office spaces in the Perimeter Center 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,320 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 11 stories. Most buildings in this region were built in 1986 and are Class A.
Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Perimeter Center residents. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.