On average, listings lease in the $60's per square foot per year. The Boulevard Shoppes region is seeing a an increase in rates. In the last 3 months, the median rate increased $47 per sqft per year. That's a 253% rise in rent.
Compared to the rest of the Gold Coast market, the Boulevard Shoppes submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 170 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this market were built in 1988 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Health care is the dominant industry in this market. Most of the occupants of Boulevard Shoppes work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.