Miami International Commerce Center Industrial

Miami International Commerce Center

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,600
As of: December 3, 2016

Miami International Commerce Center Rates

Most listings are in the $20's per square foot per year. The Miami International Commerce Center region is seeing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 6% rise in rent.

Compared to the rest of the Gold Coast market, the Miami International Commerce Center submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Miami International Commerce Center Listing Supply

In the last 90 days, 10 listings have come on the market, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 10% of the office spaces in the Miami International Commerce Center 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,600 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this market were built in 1987 and are Class A.

Miami International Commerce Center Community

Public administration is the dominant industry in this market. Most of the residents 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.

Market Report

Trends and status of the commercial real estate market in Miami International Commerce Center.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Miami International Commerce Center.
Research