South Downtown Retail

South Downtown

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
20,990
As of: May 20, 2017

South Downtown Rates

On average, listings lease in the $20's per square foot per year. The South Downtown region is seeing a decrease in rates. In the last 3 months, the median rate fell $32 per sqft per year. That's a 58% decline in rent.

Compared to the rest of the Metro Atlanta market, the South Downtown submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

South Downtown Listing Supply

In the last 90 days, 0 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available space in the South Downtown are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 20,990 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 3 floors. Most buildings in this area were built in 1950 and are Class B.

South Downtown Community

A large portion of this market is residential, but there's plenty of office_space. Agriculture is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst South Downtown occupants. Commuting approximately 15 minutes 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 South Downtown.
Market Report

Market Data

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