Sunrise Industrial

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Sunrise

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,250

Sunrise Rates

Most listings are in the $10's per square foot per year. The Sunrise submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 16% decrease in rent.

Compared to the rest of the Gold Coast market, the Sunrise submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Sunrise Listing Supply

In the last 90 days, 165 listings have been posted online, so you'll want to check back regularly for new listings. About 8% of the listings in the Sunrise are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,450 sqft. Most buildings in this market are close to 1 floors. Most buildings in this region were built in 1987 and are Class B.

Sunrise Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Sunrise occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Sunrise.
Research