Kendall Office Space

Kendall

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
1,250
As of: December 2, 2016

Kendall Rates

The typical asking rate per listing is in the $30's per square foot per year. The Kendall region is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% rise in rent.

Compared to the rest of the Gold Coast market, the Kendall submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Kendall Listing Supply

In the last 90 days, 12 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,250 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1985 and are Class A.

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 market. Commute by walking is the most popular way to get to work amongst Kendall folk. 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

Kendall Submarkets