Most listings are in the $40's per square foot per year. The Woodmont submarket is going through a a boost in rates. In the last 3 months, the median rate went up $48 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Gold Coast market, the Woodmont submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 4 listings have come on the market, which means 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 180 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region were built in 1989 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the occupants of Woodmont work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.