On average, listings lease in the $10's per square foot per year. The Glenvar Heights submarket is going through a a rise in rates. In the last 3 months, the median rate went up $16 per sqft per year.
Compared to the rest of the Gold Coast market, the Glenvar Heights region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 1 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,000 sqft. Most properties in this region are close to 1 stories. Most buildings in this market were built in 1983 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Glenvar Heights residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.