Wynwood Arts District Office Space

Wynwood Arts District

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$59
Median Size (sqft)
2,050
As of: December 4, 2016

Wynwood Arts District Rates

The typical asking rate per listing is in the $50's per square foot per year. The Wynwood Arts District region is experiencing a an increase in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 15% increase in rent.

Compared to the rest of the Gold Coast market, the Wynwood Arts District region has higher rates, and you'll need to pay a premium to be in this hot submarket.

Wynwood Arts District Listing Supply

In the last 90 days, 5 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,050 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region were built in 2015 and are Class B.

Wynwood Arts District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Wynwood Arts District folk. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Wynwood Arts District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Wynwood Arts District.
Research