The typical asking rate per listing is in the $20's per square foot per year. The Sunrise submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 11% decline in rent.
Compared to the rest of the Gold Coast market, the Sunrise region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 19 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,110 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this market were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Sunrise folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.