Coral Gables Section Industrial

We couldn't find any industrial spaces for Lease and Sublease

Coral Gables Section

Office Space Market Report

Number of Listings (last 90 days)
39
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
3,410
As of: December 5, 2016

Coral Gables Section Rates

The typical asking rate per listing is in the $50's per square foot per year. The Coral Gables Section submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 9% increase in rent.

Compared to the rest of the Gold Coast market, the Coral Gables Section submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Coral Gables Section Listing Supply

In the last 90 days, 39 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the listings in the Coral Gables Section are subleases, so you will probably have to focus your search on direct office leases. 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 3,410 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 13 floors. Most buildings in this area were built in 1981 and are Class A.

Coral Gables Section Community

A large portion of this market is residential, but there's plenty of office_space. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Coral Gables Section residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Coral Gables Section.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Coral Gables Section.
Research