Most listings are in the $10's per square foot per year. The Oakwood submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $18 per sqft per year.
Compared to the rest of the Gold Coast market, the Oakwood submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 2 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 350% of the available leases in the Oakwood are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,750 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 9 floors. Most buildings in this area were built in 1985 and are Class A.
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 area. Most of the residents of Oakwood work from home. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.