Compared to the rest of the Gold Coast market, the R and D Park submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 24 listings have been listed, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 21% of the available leases in the R and D Park 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,000 sqft. Most properties in this area are close to 1 floors. Most buildings in this market were built in 2002 and are Class A.
Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst R and D Park occupants. Commuting between 20 and 25 minutes 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 R and D Park.
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