Progresso Village Office Space

Progresso Village

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
500
As of: March 12, 2017

Progresso Village Rates

Most listings are in the $30's per square foot per year. The Progresso Village region is experiencing a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 13% increase in rent.

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

Progresso Village Listing Supply

In the last 90 days, 0 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available space in the Progresso Village are subleases, so you will probably have to focus your search on direct office leases. 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 500 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1975 and are Class B.

Progresso Village Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Progresso Village folk. Commuting around 15 minutes 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 Progresso Village.
Market Report

Market Data

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