Lakes of Newport Retail

Lakes of Newport

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,880

Compared to the rest of the Gold Coast market, the Lakes of Newport submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Lakes of Newport Listing Supply

In the last 90 days, 15 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 27% of the listings in the Lakes of Newport 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,880 sqft. Most buildings in this region are around 1 stories. Most buildings in this region were built in 1981 and are Class B.

Lakes of Newport Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Lakes of Newport folk. Commuting around an hour 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 Lakes of Newport.
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