On average, listings lease in the $30's per square foot per year. The Peninsula Corporate Center submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $38 per sqft per year.
Compared to the rest of the Gold Coast market, the Peninsula Corporate Center region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 1 listings have been made available, which means listings 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.
The standard measurement for office space in this area is around 980 sqft. Most buildings in this region are close to 3 floors.
This area is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this area. Most of the folk of Peninsula Corporate Center work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.