The typical asking rate per listing is in the $30's per square foot per year. The Little Haiti submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $30 per sqft per year.
Compared to the rest of the Gold Coast market, the Little Haiti region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 8 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,850 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 1961 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Little Haiti folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.