The typical asking rate per listing is in the $10's per square foot per year. The South Congress Industrial Center submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 11% increase in rent.
Compared to the rest of the Gold Coast market, the South Congress Industrial Center submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 1 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 6,170 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market were built in 1996 and are Class A.
Public administration is the dominant industry in this region. Most of the occupants of South Congress Industrial Center work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.