Aventura Retail

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Aventura

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$58
Median Size (sqft)
2,100
As of: March 29, 2017

Aventura Rates

The typical asking rate per listing is in the $50's per square foot per year. The Aventura submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $15 per sqft per year. That's a 33% increase in rent.

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

Aventura Listing Supply

In the last 90 days, 10 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 10% of the available leases in the Aventura are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,100 sqft. Most buildings in this area are close to 9 floors. Most buildings in this market were built in 1988 and are Class A.

Aventura Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Aventura occupants. Commuting close to 10 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 Aventura.
Market Report

Market Data

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

Aventura Submarkets