On average, listings lease in the $20's per square foot per year. The Northview region is going through a an increase in rates. In the last 3 months, the median rate went up $21 per sqft per year.
Compared to the rest of the Gold Coast market, the Northview submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 4 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 150% of the available leases in the Northview are subleases, so you might be able to find a shorter term or below market rent. 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 1,360 sqft. Most properties in this region are close to 6 stories. Most buildings in this area were built in 1960 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Northview occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.