The typical asking rate per listing is in the $30's per square foot per year. The Bent Tree submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $30 per sqft per year.
Compared to the rest of the Gold Coast market, the Bent Tree submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 14 listings have been made available, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,180 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area were built in 2002 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Most of the folk of Bent Tree work from home. 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 Bent Tree.
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