Most listings are in the $10's per square foot per year. The Medley submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $20 per sqft per year.
Compared to the rest of the Gold Coast market, the Medley region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 17 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 18% of the listings in the Medley 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 2,380 sqft. Most buildings in this region are close to 1 floors. Most buildings in this market were built in 1996 and are Class A.
Real time and historical data on commercial real estate listings in Medley.
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