Most listings are in the $10's per square foot per year. The Melbourne submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 11% decline in rent.
In the last 90 days, 45 listings have been made available, so you'll want to check back regularly for new listings. 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 2,770 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1986 and are Class A.