On average, listings lease in the $20's per square foot per year. The Peachtree Center submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 12% decrease in rent.
Compared to the rest of the Metro Atlanta market, the Peachtree Center submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 12 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 8% of the office spaces in the Peachtree Center are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 5,950 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 19 stories. Most buildings in this region were built in 1961 and are Class A.
Utilities is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Peachtree Center residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.