Most listings are in the $30's per square foot per year. The Kendall region is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease in rent.
Compared to the rest of the Gold Coast market, the Kendall region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 300 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available leases in the Kendall are subleases, so you will probably have to focus your search on direct office leases. 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 8,790 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 4 stories. Most buildings in this market were built in 1985 and are Class B.
Real time and historical data on commercial real estate listings in Kendall.
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