Miami International Commerce Center Office Space

Miami International Commerce Center

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,600
As of: December 3, 2016

Miami International Commerce Center Rates

The typical asking rate per listing is in the $20's per square foot per year. The Miami International Commerce Center region is experiencing a an increase in rates. In the last 3 months, the median rate rose $0 per sqft per year. That's a 1% increase in rent.

Compared to the rest of the Gold Coast market, the Miami International Commerce Center submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Miami International Commerce Center Listing Supply

In the last 90 days, 10 listings have been made available, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 10% of the available space in the Miami International Commerce Center are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,600 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 1987 and are Class A.

Miami International Commerce Center Community

Public administration is the dominant industry in this area. Most of the occupants of Miami International Commerce Center work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Miami International Commerce Center.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Miami International Commerce Center.
Research