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% |
Coworking Spaces in Georgia
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2023 Office Construction in Marietta, GA
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 |
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 |
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.
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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.