On average, listings lease in the $20's per square foot per year. The Miami International Commerce Center submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 1% increase in rent.
Compared to the rest of the Gold Coast market, the Miami International Commerce Center submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 10 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 10% of the available space in the Miami International Commerce Center are subleases, so you will probably have to consider a longer term lease. 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 2 stories. Most buildings in this market were built in 1987 and are Class A.
Public administration is the dominant industry in this region. Most of the residents of Miami International Commerce Center work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.