Compared to the rest of the Gold Coast market, the Palm Aire region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 24 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 4% of the available leases in the Palm Aire 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 790 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Palm Aire occupants. Commuting between 20 and 25 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 Palm Aire.
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