Pembroke Pines Industrial

Pembroke Pines

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
5,320
As of: July 23, 2017

Pembroke Pines Rates

On average, listings lease in the $30's per square foot per year. The Pembroke Pines submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 12% increase in rent.

Compared to the rest of the Gold Coast market, the Pembroke Pines region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Pembroke Pines Listing Supply

In the last 90 days, 6 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 133% of the available space in the Pembroke Pines are subleases, so you might be able to find a shorter term or below market rent. 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 5,320 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 4 floors. Most buildings in this market were built in 2000 and are Class B.

Pembroke Pines Community

Market Report

Trends and status of the commercial real estate market in Pembroke Pines.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Pembroke Pines.
Research

Pembroke Pines Submarkets