On average, listings lease in the $20's per square foot per year. The Plantation region is experiencing a a rise in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 25% rise in rent.
Compared to the rest of the Gold Coast market, the Plantation submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 28 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 11% of the listings in the Plantation are subleases, so you might be able to snag a great spot on a short term. 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 5,820 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this market were built in 1987 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Plantation residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.