Crafts Retail

Crafts

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
1,200
As of: June 26, 2017

Crafts Rates

Most listings are in the $40's per square foot per year. The Crafts region is experiencing a an increase in rates. In the last 3 months, the median rate rose $45 per sqft per year.

Compared to the rest of the Gold Coast market, the Crafts submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Crafts Listing Supply

In the last 90 days, 18 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the office spaces in the Crafts are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,200 sqft. Most properties in this region are approximately 3 stories. Most buildings in this region were built in 1964 and are Class B.

Crafts Community

This area is fairly equally mixed residential and commercial. Education is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Crafts folk. Commuting around an hour 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 Crafts.
Market Report

Market Data

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