On average, listings lease in the $30's per square foot per year. The Miami International Commerce Center submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 7% rise in rent.
Compared to the rest of the Gold Coast market, the Miami International Commerce Center submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 7 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the available leases in the Miami International Commerce Center are subleases, so you might be able to find a shorter term or below market rent. 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 1,670 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 1987 and are Class A.
Public administration is the dominant industry in this area. Most of the folk of Miami International Commerce Center work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.