Underwood Hills Retail

Underwood Hills

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
19,500
As of: August 16, 2017

Underwood Hills Rates

Most listings are in the $20's per square foot per year. The Underwood Hills submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $28 per sqft per year.

Compared to the rest of the Metro Atlanta market, the Underwood Hills submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Underwood Hills Listing Supply

In the last 90 days, 3 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available leases in the Underwood Hills are subleases, so you might be able to find a shorter term or below market rent. 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 19,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 2007 and are Class A.

Underwood Hills Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Underwood Hills occupants. Commuting between 20 and 25 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 Underwood Hills.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Underwood Hills.
Research