The typical asking rate per listing is in the $50's per square foot per year. The Wynwood Arts District submarket is going through a a boost in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 15% rise in rent.
Compared to the rest of the Gold Coast market, the Wynwood Arts District submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 4 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,050 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 2015 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Wynwood Arts District residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.