Westgate Retail

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Westgate

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$14
Median Size (sqft)
550
As of: May 21, 2017

Westgate Rates

On average, listings lease in the $10's per square foot per year. The Westgate submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $14 per sqft per year.

Compared to the rest of the Gold Coast market, the Westgate submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Westgate Listing Supply

In the last 90 days, 0 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available leases in the Westgate are subleases, so you will probably have to focus your search on direct office leases. 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 550 sqft. Most buildings in this area are close to 1 stories. Most buildings in this region were built in 2006 and are Class A.

Westgate Community

Market Report

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

Market Data

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