Most listings are in the $20's per square foot per year. The Margate submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 26% increase in rent.
Compared to the rest of the Gold Coast market, the Margate region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 8 listings have come on the market, which means new availabilities might be 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 370 sqft. Most properties in this area are around 1 stories. Most buildings in this area were built in 1984 and are Class B.