On average, listings lease in the $20's per square foot per year. The Palm Springs region is experiencing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 14% decline in rent.
Compared to the rest of the Gold Coast market, the Palm Springs region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 3 listings have been made available, which means listings most likley are going fast. 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.
Even though the median size is 4,110 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this region were built in 1996 and are Class B.