Sunrise Office Space

Sunrise

Market Report

Number of Listings
Posted in the last 90 days
21
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
900

Sunrise Rates

The typical asking rate per listing is in the $20's per square foot per year. The Sunrise region is seeing a a boost in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 50% increase in rent.

Compared to the rest of the Gold Coast market, the Sunrise submarket has less expensive 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 made available, so you'll want to check back regularly for new listings. About 2% of the listings in the Sunrise are subleases, so you will probably have to consider a longer term lease. 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 900 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this area 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 area. 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