On average, listings lease in the $20's per square foot per year. The Landings submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $22 per sqft per year.
Compared to the rest of the Gold Coast market, the Landings submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 3 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the available space in the Landings 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 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 new availabilities below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 1973 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Most of the folk of Landings work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.