The typical asking rate per listing is in the $50's per square foot per year. The West Flagler submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $51 per sqft per year.
Compared to the rest of the Gold Coast market, the West Flagler submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 0 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available leases in the West Flagler are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,600 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 7 stories. Most buildings in this market were built in 1980 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst West Flagler residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.