On average, listings lease in the $0's per square foot per year. The Coral Way submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $53 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 2 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 700 sqft. Most buildings in this region are close to 7 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. Most of the occupants of Coral Way work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.