On average, listings lease in the $20's per square foot per year. The Glenvar Heights submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $22 per sqft per year.
Compared to the rest of the Gold Coast market, the Glenvar Heights submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 1 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the Glenvar Heights are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,500 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Glenvar Heights occupants. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.