Royal Poinciana Office Space

Royal Poinciana

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
600
As of: July 23, 2017

Royal Poinciana Rates

On average, listings lease in the $30's per square foot per year. The Royal Poinciana submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.

Royal Poinciana Listing Supply

In the last 90 days, 12 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the listings in the Royal Poinciana are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 600 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1975 and are Class B.

Royal Poinciana Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Royal Poinciana residents. Commuting between 30 and 45 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 Royal Poinciana.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Royal Poinciana.
Research