On average, listings lease in the $20's per square foot per year. The Oakland Park submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 18% decline in rent.
Compared to the rest of the Gold Coast market, the Oakland Park submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 168 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the available leases in the Oakland Park are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 890 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 1977 and are Class B.
Real time and historical data on commercial real estate listings in Oakland Park.
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