The typical asking rate per listing is in the $30's per square foot per year. The Miami International Commerce Center region is seeing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 7% rise in rent.
Compared to the rest of the Gold Coast market, the Miami International Commerce Center region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 7 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the office spaces in the Miami International Commerce 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,670 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 1987 and are Class A.
Public administration is the dominant industry in this region. Most of the occupants 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.