The typical asking rate per listing is in the $30's per square foot per year. The Kendall region is seeing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 7% decrease in rent.
Compared to the rest of the Gold Coast market, the Kendall region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 33 listings have been posted online, which means listings are probably leasing quickly. 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.
The standard measurement for office space in this area is around 1,560 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1985 and are Class B.