On average, listings lease in the $20's per square foot per year. The Palm Aire region is experiencing a a rise in rates. In the last 3 months, the median rate increased $24 per sqft per year.
Compared to the rest of the Gold Coast market, the Palm Aire submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 0 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces in the Palm Aire are subleases, so you might be able to snag a great spot on a short term. 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 790 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Palm Aire occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.