On average, listings lease in the $20's per square foot per year. The Waterford submarket is going through a a boost in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 30% increase in rent.
Compared to the rest of the Gold Coast market, the Waterford submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 13 listings have been posted online, which means spaces are probably going fast. 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 1,930 sqft. Most buildings in this area are around 10 stories. Most buildings in this market were built in 1999 and are Class A.
Public administration is the dominant industry in this market. Most of the folk of Waterford 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.