2023 Office Space Rent & Sales
- $20.36 2023 Avg. Asking Rent
- 5.00% 2023 Office Vacancy Rate
- $27.9M2023 Total Office Sales
- $97.15Avg. Sale Price/SF
Peachtree Corners office price per square foot in 2023 was $20.36 on average. The local office market recorded an average vacancy rate of 5.00% across all asset classes combined. The 5 transactions that closed here throughout 2023 amounted to a total sale volume of $27.9M. Peachtree Corners office space commanded an average sale price per square foot of $97.15.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Peachtree Corners Class A & A+ Office Space$21.50
- Peachtree Corners Class B Office Space$22.50
- Peachtree Corners Class C Office Space$17.00
- Georgia Class A & A+ Office Space$34.44
- Georgia Class B Office Space$22.70
- Georgia Class C Office Space$31.34
Peachtree Corners, GA Office Asking Rents by Class
Average office rent in Peachtree Corners rested at $20.36 per square foot in 2023. As would be expected, office rent price showed some variation from one asset class to another. As such, the asking rent for class A office space in Peachtree Corners averaged $21.50 per square foot. Across all submarkets, class B office space recorded an average asking rent of $22.50 per square foot. Meanwhile, assets encompassing class C office space saw asking rents of $17.00 per square foot, on average. Comparably, statewide Georgia average office rents by class in 2023 were: $34.44 per square foot for class A office space; $22.70 per square foot for class B office space; $31.34 per square foot for class C office space.
Peachtree Corners Office Sale Price per SF
- $97.152023 Avg. Price per SF
- -0.79%Y-o-Y Avg. PpSF Change
- $27.9M2023 Office Sales Volume
- 52023 Number of Transactions
Peachtree Corners, GA Sale Price per SF Trend
- Peachtree Corners Avg. Sale Price per SF in 2023$97.15
- Georgia Avg. Sale Price per SF in 2023$150.71
2023 Office Sales Volume
- Peachtree Corners, GA Total Office Sales Volume in 2023 $27.9M
- Peachtree Corners, GA Total Number of Office Sales Closed in 2023 5
Coworking Spaces in Georgia
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Office building | Address | SF | Completed |
---|---|---|---|
3720 Davinci Court | 3720 Davinci Court, 30092 | 100,898 | 2001 |
3740 Davinci Court | 3740 Davinci Court, 30092 | 103,994 | 2000 |
2 Sun | 2 Sun Ct, 30092 | 98,563 | 1999 |
Spalding Triangle Office Park - 5445 Triangle Pkwy | 5445 Triangle Pkwy NW, 30092 | 131,804 | 1997 |
Continental Decatur | 5051 Peachtree Corners Circle, 30092 | 103,639 | 1995 |
3400 Holcomb Bridge Rd | 3400 Holcomb Bridge Rd, 30092 | 14,241 | 1989 |
Corners Office Park - 6625 The Corners Pkwy | 6625 The Corners Pkwy NW, 30092 | 104,154 | 1986 |
Royal Peachtree Corners - Building 6 | 3567 Parkway Lane, 30092 | 65,619 | 1986 |
The Day Building | 4725 Peachtree Corners Circle, 30092 | 65,025 | 1986 |
The Summit | 5550 Peachtree Pkwy, 30092 | 179,692 | 1985 |
Worth noting among recent office completions on the Peachtree Corners market is 3720 Davinci Court, which is currently the largest new office development in the city, at 100,898 square feet.
See reports for other markets
- Atlanta Office Rent Price
- Alpharetta Office Rent Price
- Marietta Office Rent Price
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- San Francisco Office Rent Price
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Peachtree Corners commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.