On average, listings lease in the $50's per square foot per year. The Coral Gables Section submarket is going through a a rise in rates. In the last 3 months, the median rate rose $12 per sqft per year. That's a 25% rise in rent.
Compared to the rest of the Gold Coast market, the Coral Gables Section submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 324 listings have been listed, 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,780 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 11 floors. Most buildings in this area were built in 1980 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Coral Gables Section occupants. Commuting between 30 and 45 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 Coral Gables Section.
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