Northeast Coconut Grove Retail

Northeast Coconut Grove

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$41
Median Size (sqft)
1,590
As of: January 22, 2017

Northeast Coconut Grove Rates

On average, listings lease in the $40's per square foot per year. The Northeast Coconut Grove submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $91 per sqft per year. That's a 69% decrease in rent.

Compared to the rest of the Gold Coast market, the Northeast Coconut Grove submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Northeast Coconut Grove Listing Supply

In the last 90 days, 10 listings have been listed, which means office spaces 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,590 sqft. Most properties in this region are close to 4 floors. Most buildings in this area were built in 1982 and are Class A.

Northeast Coconut Grove Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Northeast Coconut Grove folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Northeast Coconut Grove.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Northeast Coconut Grove.
Research