Most listings are in the $30's per square foot per year. The Mizner Park submarket is going through a decline in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 26% decline in rent.
Compared to the rest of the Gold Coast market, the Mizner Park region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 45 listings have come on the market, so you'll want to check back regularly for new listings. About 20% of the listings in the Mizner Park are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,400 sqft. Most buildings in this region are approximately 7 floors. Most buildings in this region were built in 1991 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Mizner Park occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Mizner Park.
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