Marietta Office Rent Price & Sales Report

2023 Office Space Rent & Sales

  • $19.33 2023 Avg. Asking Rent
  • 15.77% 2023 Office Vacancy Rate

Marietta office price per square foot in 2023 was $19.33 on average. The local office market recorded an average vacancy rate of 15.77% across all asset classes combined.

See how this market compares to the national average: U.S. office space rent & sales.

Average Rent by Office Class

2023 Average Office Rent per Square Foot

  • Georgia Class A & A+ Office Space$34.44
  • Georgia Class B Office Space$22.70
  • Georgia Class C Office Space$31.34

Marietta, GA Office Asking Rents by Class

2023 Office Vacancy Rates in Marietta

Submarket Asking Rents Vacancy Rates
Northwest 285 $26.41 16.58%
Marietta - Kennesaw $25.64 17.51%
Marietta - East $21.10 6.70%
Data provided by Commercial Edge
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Marietta market was 15.77% in 2023. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Marietta was 6.70% in the Marietta - East submarket, while the highest office vacancy in the market was 17.51%, recorded in Marietta - Kennesaw.

Office Spaces for Rent in Georgia

Coworking Spaces in Georgia

2023 Office Construction in Marietta, GA

Largest Office Properties Recently Completed in Marietta
Office building Address SF Completed
Northside East Cobb Medical Center 4800 Olde Towne Parkway, 30068 103,184 2016
3672 Marathon Circle 3672 Marathon Circle, 30106 39,218 2009
175 White St 175 White St, 30060 23,184 2007
4994 Roswell Rd 4994 Lower Roswell Road, 30068 1,032 2007
Kennestone Physicians Center II 61 Whitcher Street NE, 30060 67,062 2005
2440 Sandy Plains Rd 2440 Sandy Plains Rd, 30066 1,068 2004
2440 Sandy Plains Rd 2440 Sandy Plains Rd, 30066 1,068 2004
3,124/SF - Freestanding Bldg w/ Drive-Thru 3324 Canton Rd, 30066 3,124 2003
Marietta Health Park 780 Canton Road NE, 30060 82,371 2000
965 Piedmont- Now Leasing 965 Piedmont Rd Ste 125, 30066 1,515 2000

Worth noting among recent office completions on the Marietta market is Northside East Cobb Medical Center, which is currently the largest new office development in the city, at 103,184 square feet.

Data provided by Commercial Edge

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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 Marietta 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.