Most listings are in the $20's per square foot per year. The Southwest Lakes region is seeing a an increase in rates. In the last 3 months, the median rate went up $28 per sqft per year.
Compared to the rest of the Gold Coast market, the Southwest Lakes region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 3 listings have been listed, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,020 sqft. Most buildings in this market were built in 1975 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 area. 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.