The typical asking rate per listing is in the $30's per square foot per year. The Three Lakes region is experiencing a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 9% rise in rent.
Compared to the rest of the Gold Coast market, the Three Lakes region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 42 listings have been posted online, so you'll want to check back regularly for new listings. About 12% of the available space in the Three Lakes 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.
Even though the median size is 5,500 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 2005 and are Class B.
Real time and historical data on commercial real estate listings in Three Lakes.
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