Wynwood Arts District Office Space

Wynwood Arts District

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 28, 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 submarket is going through a a boost in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 12% rise in rent.

Compared to the rest of the Gold Coast market, the Wynwood Arts District submarket has greater 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, 4 listings have been made available, which means office spaces might be 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.

Even though the median size is 4,300 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region 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 market. Commute by bike is the most popular way to get to work amongst Wynwood Arts District residents. Commuting around 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.