On average, listings lease in the $30's per square foot per year. The Miami Lakes Industrial Park region is going through a an increase in rates. In the last 3 months, the median rate rose $33 per sqft per year.
Compared to the rest of the Gold Coast market, the Miami Lakes Industrial Park submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 1 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 800% of the office spaces in the Miami Lakes Industrial Park are subleases, so you might be able to find a shorter term or below market rent. 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 2,950 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 3 stories. Most buildings in this area were built in 1986 and are Class A.
Wholesale trade is the dominant industry in this region. 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.