On average, listings lease in the $30's per square foot per year. The Harbordale region is seeing a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 8% increase in rent.
Compared to the rest of the Gold Coast market, the Harbordale submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 9 listings have been made available, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,230 sqft. Most properties in this region are around 4 stories. Most buildings in this market were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Harbordale occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.