On average, listings lease in the $20's per square foot per year. The Margate region is seeing a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 23% rise in rent.
Compared to the rest of the Gold Coast market, the Margate submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 12 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. 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 1,150 sqft. Most buildings in this market are close to 1 stories. Most buildings in this area were built in 1984 and are Class B.