Kendall Office Space

Kendall

Office Space Market Report

Number of Listings (last 90 days)
33
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
1,910
As of: August 20, 2017

Kendall Rates

Most listings are in the $30's per square foot per year. The Kendall submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $21 per sqft per year. That's a 39% decline in rent.

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

Kendall Listing Supply

In the last 90 days, 33 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 21% of the listings in the Kendall 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,910 sqft. Most properties in this market are close to 4 floors. Most buildings in this area were built in 1985 and are Class B.

Kendall Community

Market Report

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

Market Data

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