Compared to the rest of the Gold Coast market, the Industrial Section submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 7 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 29% of the available space in the Industrial Section 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,050 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 5 floors. Most buildings in this region were built in 2002 and are Class A.
This market is fairly equally mixed residential and commercial. Utilities is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Industrial Section folk. Commuting approximately an hour 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 Industrial Section.
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