Twin Acres Office Space

Twin Acres

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
2,500
As of: August 18, 2017

Twin Acres Rates

On average, listings lease in the $30's per square foot per year. The Twin Acres region is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 9% decrease in rent.

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

Twin Acres Listing Supply

In the last 90 days, 5 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 140% of the office spaces in the Twin Acres are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,500 sqft. Most properties in this market are around 21 stories. Most buildings in this market were built in 1985 and are Class A.

Twin Acres Community

A large portion of this market is residential, but there's plenty of office_space. Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Twin Acres occupants. Commuting close to an hour and a half 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 Twin Acres.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Twin Acres.
Research

Pembroke Pines Submarkets