On average, listings lease in the $20's per square foot per year. The Plantation submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 19% decline 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 undervalued region.
In the last 90 days, 48 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Plantation are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,560 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this area 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.