On average, listings lease in the $30's per square foot per year. The Miami Lakes Industrial Park submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the Gold Coast market, the Miami Lakes Industrial Park submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 1 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 500% of the available leases in the Miami Lakes Industrial Park 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,180 sqft. Most buildings in this area are around 3 stories. Most buildings in this market were built in 1986 and are Class A.
Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Miami Lakes Industrial Park folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.