On average, listings lease in the $50's per square foot per year. The Coral Gables submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $9 per sqft per year. That's a 20% increase in rent.
Compared to the rest of the Gold Coast market, the Coral Gables region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 53 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available space in the Coral Gables 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,140 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 7 floors. Most buildings in this area were built in 1971 and are Class A.