Kendall Office Space

Kendall

Office Space Market Report

Number of Listings (last 90 days)
33
Median Rate ($/sqft/yr)
$54
Median Size (sqft)
3,360
As of: June 23, 2017

Kendall Rates

The typical asking rate per listing is in the $50's per square foot per year. The Kendall region is seeing a a boost in rates. In the last 3 months, the median rate went up $54 per sqft per year.

Compared to the rest of the Gold Coast market, the Kendall region has more expensive rates, and you'll need to pay a premium to be in this hot region.

Kendall Listing Supply

In the last 90 days, 33 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 124% of the listings in the Kendall 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.

Even though the median size is 3,240 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 4 floors. Most buildings in this area were built in 1985 and are Class B.

Kendall Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Kendall residents. 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 Kendall.
Market Report

Market Data

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