Wynwood-Edgewater Industrial

Wynwood-Edgewater

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$61
Median Size (sqft)
400
As of: March 12, 2017

Wynwood-Edgewater Rates

On average, listings lease in the $60's per square foot per year. The Wynwood-Edgewater submarket is going through a a boost in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 6% rise in rent.

Compared to the rest of the Gold Coast market, the Wynwood-Edgewater submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Wynwood-Edgewater Listing Supply

In the last 90 days, 5 listings have been posted online, which means new listings 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 400 sqft. Most properties in this region are approximately 2 stories. Most buildings in this region were built in 1972 and are Class B.

Wynwood-Edgewater Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Wynwood-Edgewater occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Wynwood-Edgewater.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Wynwood-Edgewater.
Research