On average, listings lease in the $20's per square foot per year. The Sawgrass International submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 30% rise in rent.
Compared to the rest of the Gold Coast market, the Sawgrass International region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 6 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 28,490 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this region were built in 1999 and are Class A.
Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Sawgrass International residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.