On average, listings lease in the $10's per square foot per year. The Deer Creek region is experiencing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Gold Coast market, the Deer Creek region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 1 listings have been listed, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 700% of the available space in the Deer Creek are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,220 sqft. Most buildings in this region are around 4 floors. Most buildings in this area were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Most of the occupants of Deer Creek work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.