Palm Aire Office Space

Palm Aire

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
790
As of: June 24, 2017

Palm Aire Rates

On average, listings lease in the $20's per square foot per year. The Palm Aire region is experiencing a a rise in rates. In the last 3 months, the median rate increased $24 per sqft per year.

Compared to the rest of the Gold Coast market, the Palm Aire submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Palm Aire Listing Supply

In the last 90 days, 0 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available space in the Palm Aire are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 790 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1980 and are Class B.

Palm Aire Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Palm Aire folk. 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 Palm Aire.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Palm Aire.
Research