Coral Gables Office Space

Coral Gables

Office Space Market Report

Number of Listings (last 90 days)
53
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
3,040
As of: July 24, 2017

Coral Gables Rates

Most listings are in the $40's per square foot per year. The Coral Gables region is experiencing a decrease in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 14% decline in rent.

Compared to the rest of the Gold Coast market, the Coral Gables submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

Coral Gables Listing Supply

In the last 90 days, 53 listings have been posted online, so you'll want to check back regularly for new listings. About 72% of the available leases in the Coral Gables 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,040 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 7 stories. Most buildings in this area were built in 1971 and are Class A.

Coral Gables Community

Market Report

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

Market Data

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