Woodmont Office Space


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Woodmont Rates

Most listings are in the $40's per square foot per year. The Woodmont region is seeing a a rise in rates. In the last 3 months, the median rate went up $48 per sqft per year. That's a Inf% rise in rent.

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

Woodmont Listing Supply

In the last 90 days, 4 listings have been listed, which means new availabilities 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 180 sqft. Most buildings in this market are close to 2 floors. Most buildings in this region were built in 1989 and are Class B.

Woodmont Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Most of the folk of Woodmont work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.