Compared to the rest of the Gold Coast market, the Industrial Section submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 7 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 29% of the available space in the Industrial Section 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.
Even though the median size is 4,050 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 5 floors. Most buildings in this market were built in 2002 and are Class A.
This region is fairly equally mixed residential and commercial. Utilities is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Industrial Section residents. Commuting around an hour 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 Industrial Section.
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