On average, listings lease in the $30's per square foot per year. The Royal submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 12% increase in rent.
Compared to the rest of the Metro Atlanta market, the Royal submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 4 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 3,870 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 3 floors. Most buildings in this market were built in 1998 and are Class B.
Professional services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Royal occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.