Allapattah Industrial

Allapattah

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
11,780
As of: June 23, 2017

Allapattah Rates

Most listings are in the $10's per square foot per year. The Allapattah region is seeing a an increase in rates. In the last 3 months, the median rate rose $20 per sqft per year.

Compared to the rest of the Gold Coast market, the Allapattah submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Allapattah Listing Supply

In the last 90 days, 7 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 129% of the available space in the Allapattah 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 available, so finding a space for a small business might be tough.

Even though the median size is 11,780 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 5 stories. Most buildings in this area were built in 1985 and are Class A.

Allapattah Community

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 walking is the most popular way to get to work amongst Allapattah folk. Commuting around 30 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 Allapattah.
Market Report

Market Data

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