On average, listings lease in the $30's per square foot per year. The Vinings region is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the Metro Atlanta market, the Vinings region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 15 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 6,050 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 7 floors. Most buildings in this area were built in 1987 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Vinings occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.