The typical asking rate per listing is in the $30's per square foot per year. The Little River submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $30 per sqft per year.
Compared to the rest of the Gold Coast market, the Little River submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. 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 1,140 sqft. Most properties in this area are close to 2 stories. Most buildings in this region 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. Utilities is the dominant industry in this market. Most of the residents of Little River work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.