Coral Ridge Commercial Real Estate

Coral Ridge

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
5,050

Coral Ridge Rates

Most listings are in the $30's per square foot per year. The Coral Ridge region is seeing a an increase in rates. In the last 3 months, the median rate rose $34 per sqft per year.

Compared to the rest of the Gold Coast market, the Coral Ridge submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Coral Ridge Listing Supply

In the last 90 days, 97 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available space in the Coral Ridge are subleases, so you will probably have to consider a longer term lease. 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 5,050 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this market were built in 1969 and are Class B.

Coral Ridge Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Coral Ridge residents. 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 Ridge.
Research