On average, listings lease in the $10's per square foot per year. The Spring Tree region is experiencing a a boost in rates. In the last 3 months, the median rate rose $18 per sqft per year.
Compared to the rest of the Gold Coast market, the Spring Tree region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 1 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 1,700% of the available space in the Spring Tree are subleases, so you might be able to snag a great spot on a short term. 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 2,420 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 1983 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Spring Tree residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.