On average, listings lease in the $20'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 $3 per sqft per year. That's a 17% rise in rent.
Compared to the rest of the Gold Coast market, the South Congress Industrial Center region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 1 listings have been listed, which means new listings are probably 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,230 sqft. Most buildings in this market were built in 1996 and are Class A.
Public administration is the dominant industry in this market. Most of the folk 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.