Flagami Industrial

Flagami

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,660
As of: August 17, 2017

Flagami Rates

Most listings are in the $30's per square foot per year. The Flagami submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease in rent.

Compared to the rest of the Gold Coast market, the Flagami submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Flagami Listing Supply

In the last 90 days, 6 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 183% of the available leases in the Flagami 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.

The standard measurement for office space in this area is around 1,660 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1985 and are Class B.

Flagami Community

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. Commute by walking is the most popular way to get to work amongst Flagami folk. Commuting between 30 and 45 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 Flagami.
Market Report

Market Data

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