On average, listings lease in the $40's per square foot per year. The Aventura submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Gold Coast market, the Aventura region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 1 listings have come on the market, which means listings most likley are 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,140 sqft. Most buildings in this market are approximately 9 stories. Most buildings in this market were built in 1988 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Aventura occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.