Coral Ridge Retail

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Coral Ridge

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
2,150
As of: February 27, 2017

Coral Ridge Rates

On average, listings lease in the $30's per square foot per year. The Coral Ridge region is going through a an increase in rates. In the last 3 months, the median rate increased $34 per sqft per year.

Compared to the rest of the Gold Coast market, the Coral Ridge region has higher rates, and you'll need to pay a premium to be in this hot submarket.

Coral Ridge Listing Supply

In the last 90 days, 5 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. 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 2,150 sqft. Most properties in this market are approximately 3 floors. Most buildings in this market were built in 1969 and are Class B.

Coral Ridge Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Coral Ridge residents. Commuting between 30 and 45 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 Coral Ridge.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Coral Ridge.
Research