On average, listings lease in the $20's per square foot per year. The Royal submarket is going through a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 7% decrease in rent.
Compared to the rest of the Metro Atlanta market, the Royal region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 13 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,570 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this market were built in 1998 and are Class B.
Professional services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Royal folk. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.