On average, listings lease in the $20's per square foot per year. The Centennial Hill region is seeing a decrease in rates. In the last 3 months, the median rate fell $16 per sqft per year. That's a 42% decline in rent.
Compared to the rest of the Metro Atlanta market, the Centennial Hill region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 10 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 20% of the listings in the Centennial Hill are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 23,580 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 60 stories. Most buildings in this area were built in 2007 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst Centennial Hill residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.