Wynwood-Edgewater Office Space

Wynwood-Edgewater

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$58
Median Size (sqft)
5,140
As of: January 17, 2017

Wynwood-Edgewater Rates

On average, listings lease in the $50's per square foot per year. The Wynwood-Edgewater submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $16 per sqft per year. That's a 38% increase in rent.

Compared to the rest of the Gold Coast market, the Wynwood-Edgewater region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Wynwood-Edgewater Listing Supply

In the last 90 days, 13 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 5,140 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1972 and are Class B.

Wynwood-Edgewater Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Wynwood-Edgewater occupants. Commuting around an hour 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-Edgewater.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Wynwood-Edgewater.
Research