Coral Gables Section Retail

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Coral Gables Section

Market Report

Number of Listings
Posted in the last 90 days
12
Median Rate ($/sqft/yr)
$59
Median Size (sqft)
3,220

Coral Gables Section Rates

On average, listings lease in the $50's per square foot per year. The Coral Gables Section region is going through a an increase in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 25% increase in rent.

Compared to the rest of the Gold Coast market, the Coral Gables Section region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Coral Gables Section Listing Supply

In the last 90 days, 324 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the available leases in the Coral Gables Section 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.

Even though the median size is 3,220 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 11 stories. Most buildings in this area were built in 1980 and are Class A.

Coral Gables Section Community

A large portion of this area is residential, but there's plenty of office_space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Coral Gables Section folk. 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 Coral Gables Section.
Research