Sunrise Industrial

Sunrise

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
3,280
As of: May 21, 2017

Sunrise Rates

On average, listings lease in the $20's per square foot per year. The Sunrise region is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 11% decline in rent.

Compared to the rest of the Gold Coast market, the Sunrise submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Sunrise Listing Supply

In the last 90 days, 13 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 23% of the available leases in the Sunrise are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,280 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 1 floors. Most buildings in this market were built in 1997 and are Class A.

Sunrise Community

Market Report

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

Market Data

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