Port Malabar Office Space

Port Malabar

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
900
As of: March 12, 2017

Port Malabar Rates

Most listings are in the $40's per square foot per year. The Port Malabar region is going through a an increase in rates. In the last 3 months, the median rate went up $25 per sqft per year. That's a 156% rise in rent.

Port Malabar Listing Supply

In the last 90 days, 4 listings have come on the market, which means office spaces are probably leasing quickly. 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 900 sqft. Most buildings in this region are close to 4 stories. Most buildings in this area were built in 1986 and are Class A.

Port Malabar Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Most of the residents of Port Malabar work from home. Commuting between 20 and 25 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 Port Malabar.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Port Malabar.
Research

Palm Bay Submarkets