On average, listings lease in the $20's per square foot per year. The Davie submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $24 per sqft per year. That's a 52% decrease in rent.
Compared to the rest of the Gold Coast market, the Davie submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 6 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the available space in the Davie 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 5,450 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 2007 and are Class A.