Compared to the rest of the Gold Coast market, the Coral Terrace submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 13 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the listings in the Coral Terrace are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,800 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this market were built in 1988 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Coral Terrace folk. Commuting around 30 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 Terrace.
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