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The typical asking rate per commerial real estate listing leases is in the $40's per square foot per year. The North Miami submarket is going through a a rise in rates. In the last 3 months, the median rate for lease increased $7 per sqft per year. That's a 19% rise in rent.
Compared to the rest of the Gold Coast commercial real estate market, the North Miami submarket has higher rates for rent, and you may have to negotiate above asking rent to be in this hot region.
In the last 90 days, 56 commercial real estate listings have been listed, 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 530 sqft. Most buildings in this market are around 1 stories. Most buildings in this market were built around 1957 and are Class B.
Real time and historical data on commercial real estate listings in North Miami.
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