Flagami Industrial

Flagami

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
1,700
As of: July 23, 2017

Flagami Rates

Most listings are in the $30's per square foot per year. The Flagami region is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 7% decrease in rent.

Compared to the rest of the Gold Coast market, the Flagami submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

Flagami Listing Supply

In the last 90 days, 6 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 233% of the available leases in the Flagami 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,700 sqft. Most buildings in this region are around 2 floors. Most buildings in this area 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 area. 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