Progresso Village Industrial

Progresso Village

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
770
As of: June 26, 2017

Progresso Village Rates

Most listings are in the $30's per square foot per year. The Progresso Village region is experiencing a a boost in rates. In the last 3 months, the median rate rose $40 per sqft per year.

Compared to the rest of the Gold Coast market, the Progresso Village submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

Progresso Village Listing Supply

In the last 90 days, 0 listings have been made available, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About Inf% of the listings in the Progresso Village 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 770 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1975 and are Class B.

Progresso Village Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Progresso Village occupants. Commuting approximately 15 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 Progresso Village.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Progresso Village.
Research