R and D Park Industrial

R and D Park

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,000

Compared to the rest of the Gold Coast market, the R and D Park region has lower rates, so you should have no trouble finding a great deal in this discounted region.

R and D Park Listing Supply

In the last 90 days, 24 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 21% of the office spaces in the R and D Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,000 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this area were built in 2002 and are Class A.

R and D Park Community

Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst R and D Park residents. Commuting between 20 and 25 minutes 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 R and D Park.
Research