Westgate Commercial Real Estate For Lease

Westgate

Market Report

Number of Listings For Lease
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$14
Median Size (sqft)
550

Westgate Commercial Real Estate

Find Westgate commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Westgate commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Westgate Rates

The typical asking rate per commerial real estate listing leases is in the $10's per square foot per year. The Westgate submarket is seeing a a boost in rates. In the last 3 months, the median rate for lease rose $14 per sqft per year.

Compared to the rest of the Gold Coast commercial real estate market, the Westgate region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Westgate Listing Supply

In the last 90 days, 47 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. About 13% of the available commercial real estate space in the Westgate 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 available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 550 sqft. Most properties in this market are close to 1 floors. Most buildings in this region were built approximately 2006 and are Class A.

Westgate Community

Market Data

Real time and historical data on commercial real estate listings in Westgate.
Research