The typical asking rate per listing is in the $20's per square foot per year. The Pembroke Pines region is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the Gold Coast market, the Pembroke Pines region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 6 listings have been posted online, which means new listings might be going fast. 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 4,280 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 4 stories. Most buildings in this market were built in 2001 and are Class B.