The typical asking rate per listing is in the $30's per square foot per year. The Twin Acres region is going through a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% rise in rent.
Compared to the rest of the Gold Coast market, the Twin Acres region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 42 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the listings in the Twin Acres are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 17,440 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 21 stories. Most buildings in this market were built in 1985 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Twin Acres occupants. Commuting close to an hour and a half 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 Twin Acres.
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