On average, listings lease in the $30's per square foot per year. The North Springs submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 14% rise in rent.
Compared to the rest of the Metro Atlanta market, the North Springs region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 9 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 8,840 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 10 stories. Most buildings in this area were built in 2000 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Most of the residents of North Springs work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.