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Most commerial real estate listings for lease are in the $40's per square foot per year. The Harbordale submarket is experiencing a an increase in rates. In the last 3 months, the median rate for lease went up $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Gold Coast commercial real estate market, the Harbordale submarket has more expensive rates for rent, and you may need to make a great offer to be in this hot region.
In the last 90 days, 52 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 1,650 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this market were built close to 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Harbordale residents. Commuting under 5 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 Harbordale.
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