On average, listings lease in the $30's per square foot per year. The Miami Lakes Industrial Park submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the Gold Coast market, the Miami Lakes Industrial Park region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. 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 region 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 residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.