The typical asking rate per listing is in the $50's per square foot per year. The Coral Gables Section submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 25% increase in rent.
Compared to the rest of the Gold Coast market, the Coral Gables Section region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 324 listings have been listed, so you'll want to check back regularly for new listings. About 7% of the office spaces in the Coral Gables Section are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,780 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 11 stories. Most buildings in this market were built in 1980 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Coral Gables Section residents. Commuting between 30 and 45 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 Coral Gables Section.
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