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The typical asking rate per commerial real estate listing leases is in the $30's per square foot per year. The Glenvar Heights region is going through a an increase in rates. In the last 3 months, the median rate for lease rose $16 per sqft per year. That's a 71% rise in rent.
Compared to the rest of the Gold Coast commercial real estate market, the Glenvar Heights submarket has more expensive rates for rent, and you may have to negotiate above asking rent to be in this hot submarket.
In the last 180 days, 15 commercial real estate listings have been posted online, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,500 sqft. Most properties in this market are approximately 1 stories. Most buildings in this area were built around 1983 and are Class B.
Real time and historical data on commercial real estate listings in Glenvar Heights.
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