Sunrise Retail

Sunrise

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,020
As of: June 27, 2017

Sunrise Rates

The typical asking rate per listing is in the $20's per square foot per year. The Sunrise submarket is going through a a boost in rates. In the last 3 months, the median rate increased $22 per sqft per year.

Compared to the rest of the Gold Coast market, the Sunrise region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Sunrise Listing Supply

In the last 90 days, 19 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 158% of the available leases in the Sunrise are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,040 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this area were built in 1987 and are Class B.

Sunrise Community

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 region. Commute by motorcycle is the most popular way to get to work amongst Sunrise occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Sunrise.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Sunrise.
Research