Lakes of Newport Industrial Space

Lakes of Newport

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,880

Compared to the rest of the Gold Coast market, the Lakes of Newport region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Lakes of Newport Listing Supply

In the last 90 days, 15 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available space in the Lakes of Newport are subleases, so you might be able to snag a great spot on a short term. 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 1,880 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this area were built in 1981 and are Class B.

Lakes of Newport Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Lakes of Newport occupants. Commuting around an hour 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 Lakes of Newport.
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