Westgate Industrial

Westgate

Market Report

Number of Listings
Posted in the last 90 days
10
Median Rate ($/sqft/yr)
$14
Median Size (sqft)
550

Westgate Rates

On average, listings lease in the $10's per square foot per year. The Westgate region is experiencing a a rise in rates. In the last 3 months, the median rate went up $14 per sqft per year.

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

Westgate Listing Supply

In the last 90 days, 47 listings have been posted online, so you'll want to check back regularly for new listings. About 13% of the available leases in the Westgate are subleases, so you might be able to snag a great spot on a short term. 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 550 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this area were built in 2006 and are Class A.

Westgate Community

Market Data

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