On average, listings lease in the $10's per square foot per year. The South Congress Industrial Center submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the Gold Coast market, the South Congress Industrial Center region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 1 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 400% of the office spaces in the South Congress Industrial Center are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,230 sqft. Most buildings in this area were built in 1996 and are Class B.
Public administration is the dominant industry in this area. Most of the residents of South Congress Industrial Center work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.