The typical asking rate per listing is in the $20's per square foot per year. The Midtown submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the Metro Atlanta market, the Midtown submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 73 listings have been listed, so you'll want to check back regularly for new listings. About 7% of the available leases in the Midtown are subleases, so you will probably have to focus your search on direct office leases. 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 4,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 11 floors. Most buildings in this region were built in 1974 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Health care is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Midtown occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.