The typical asking rate per listing is in the $40's per square foot per year. The West Flagler region is experiencing a a rise in rates. In the last 3 months, the median rate rose $42 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Gold Coast market, the West Flagler region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1 listings have been posted online, which means leases most likley are 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.
Even though the median size is 14,460 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 7 stories. Most buildings in this market were built in 1989 and are Class A.
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 region. Commute by bike is the most popular way to get to work amongst West Flagler residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.