City Center Retail

City Center

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,600
As of: August 17, 2017

City Center Rates

Compared to the rest of the Gold Coast market, the City Center submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

City Center Listing Supply

In the last 90 days, 3 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the available leases in the City Center 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 posted, so finding a space for a small business might be tough.

Even though the median size is 2,600 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this area were built in 1979 and are Class B.

City Center Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst City Center folk. Commuting under 5 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 City Center.
Market Report

Market Data

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