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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 Greenacres submarket is seeing a a rise in rates. In the last 3 months, the median rate for lease increased $30 per sqft per year.
Compared to the rest of the Gold Coast commercial real estate market, the Greenacres region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 50 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. About 28% of the commercial real estate listings in the Greenacres are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard size for office space in this area is around 650 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built close to 1987 and are Class B.
Real time and historical data on commercial real estate listings in Greenacres.
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