On average, listings lease in the $20's per square foot per year. The Southwest Lakes region is seeing a a boost in rates. In the last 3 months, the median rate rose $24 per sqft per year.
Compared to the rest of the Gold Coast market, the Southwest Lakes submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 3 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 33% of the office spaces in the Southwest Lakes are subleases, so you might be able to snag a great spot on a short term. 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 900 sqft. Most buildings in this region were built in 2015 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Southwest Lakes residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.