On average, listings lease in the $30's per square foot per year. The Three Lakes region is seeing a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 15% increase in rent.
Compared to the rest of the Gold Coast market, the Three Lakes region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 4 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 7,320 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this region were built in 2005 and are Class B.