The typical asking rate per listing is in the $10's per square foot per year. The Medley region is experiencing a a rise in rates. In the last 3 months, the median rate increased $20 per sqft per year.
Compared to the rest of the Gold Coast market, the Medley region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 17 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 6% of the available space in the Medley are subleases, so you will probably have to focus your search on direct office leases. 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 2,380 sqft. Most properties in this region are approximately 1 floors. Most buildings in this market were built in 1996 and are Class A.
Real time and historical data on commercial real estate listings in Medley.
Get email notifications when new listings are posted that match your requirements.