The typical asking rate per listing is in the $30's per square foot per year. The Uleta region is experiencing a an increase in rates. In the last 3 months, the median rate rose $15 per sqft per year. That's a 58% increase in rent.
Compared to the rest of the Gold Coast market, the Uleta submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 2 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,500 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built in 1992 and are Class C.
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 market. Most of the occupants of Uleta work from home. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.