Peachtree Corners Office Rent Price & Sales Report

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.

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

Peachtree Corners, GA Office Asking Rents by Class

Office Spaces for Rent in Georgia

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
Peachtree Corners office space cost in 2023 marked a -0.79% change compared to the previous year. The sale price for office space in Peachtree Corners averaged $97.15 per square foot in 2023, across all market subdivisions and asset classes. Conversely, the statewide Georgia average office sale price during the same time period was $150.71 per square foot.

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
A total of 5 deals closed on the Peachtree Corners office market in 2023, adding up to a yearly sales volume of $27.9M. Notably, the largest transaction on the market saw Peachtree Technology Park - 190 & 192 Technology Pkwy change hands for $7,250,000 on 8/16/2023.
Data provided by Commercial Edge

Coworking Spaces in Georgia

Largest Office Properties Recently Completed in Peachtree Corners
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
Spalding Plaza - Spalding Medical Park 6460 Spalding Dr, 30092 20,818 1989
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
The Day Building 4725 Peachtree Corners Circle, 30092 65,025 1986
Now Leasing @3800 Holcomb Bridge Road 3800 Holcomb Bridge Rd, 30092 10,800 1986

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.

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 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.