On average, listings lease in the $30's per square foot per year. The Harbordale region is going through a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 13% decrease in rent.
Compared to the rest of the Gold Coast market, the Harbordale region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 13 listings have come on the market, which means listings might be going fast. You'll want to be prepared to make an offer immediately. 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 2,520 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 4 floors. Most buildings in this area were built in 1987 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 region. 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.