The typical asking rate per listing is in the $20's per square foot per year. The Waterford submarket is going through a a rise in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 30% rise in rent.
Compared to the rest of the Gold Coast market, the Waterford region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 13 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,930 sqft. Most buildings in this area are around 10 stories. Most buildings in this market were built in 1999 and are Class A.
Public administration is the dominant industry in this region. Most of the folk of Waterford work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.