South Beach Industrial

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South Beach

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$86
Median Size (sqft)
2,600

South Beach Rates

The typical asking rate per listing is in the $80's per square foot per year. The South Beach region is experiencing a a boost in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 8% increase in rent.

Compared to the rest of the Bay Area market, the South Beach region has higher rates, and you'll need to pay a premium to be in this hot submarket.

South Beach Listing Supply

In the last 90 days, 360 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the office spaces in the South Beach are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,360 sqft. Most buildings in this market are close to 3 stories. Most buildings in this area were built in 1922 and are Class C.

South Beach Community

A large portion of this region is residential, but there's plenty of office_space. Waste services is the dominant industry in this area. Most of the residents of South Beach work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in South Beach.
Research