Most listings are in the $50's per square foot per year. The Kendall submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $54 per sqft per year.
Compared to the rest of the Gold Coast market, the Kendall region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 33 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 112% of the office spaces in the Kendall are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,360 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 4 floors. Most buildings in this region were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Kendall residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.