On average, listings lease in the $30's per square foot per year. The Miami Lakes region is seeing a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 16% rise in rent.
Compared to the rest of the Gold Coast market, the Miami Lakes region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 12 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 8% of the listings in the Miami Lakes are subleases, so you will probably have to focus your search on direct office leases. 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 4,270 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1991 and are Class B.