Most listings are in the $30's per square foot per year. The Kendall region is experiencing a decrease in rates. In the last 3 months, the median rate fell $18 per sqft per year. That's a 33% decline in rent.
Compared to the rest of the Gold Coast market, the Kendall region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 33 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 48% of the available space in the Kendall 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,990 sqft. Most buildings in this market are approximately 4 floors. Most buildings in this region were built in 1985 and are Class B.