Lake Ridge Sublease

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Lake Ridge

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,050
As of: February 26, 2017

Lake Ridge Rates

The typical asking rate per listing is in the $20's per square foot per year. The Lake Ridge submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 7% decrease in rent.

Compared to the rest of the Metro Atlanta market, the Lake Ridge region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Lake Ridge Listing Supply

In the last 90 days, 4 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,050 sqft. Most properties in this market are close to 3 stories. Most buildings in this market were built in 1987 and are Class B.

Lake Ridge Community

Public administration is the dominant industry in this market. Most of the occupants of Lake Ridge work from home. Commuting more than an hour and a half 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 Lake Ridge.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lake Ridge.
Research