Coral Gables Sublease

Coral Gables

Office Space Market Report

Number of Listings (last 90 days)
53
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
3,140
As of: May 20, 2017

Coral Gables Rates

On average, listings lease in the $50's per square foot per year. The Coral Gables submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $9 per sqft per year. That's a 20% increase in rent.

Compared to the rest of the Gold Coast market, the Coral Gables region has higher rates, and you'll need to pay a premium to be in this hot region.

Coral Gables Listing Supply

In the last 90 days, 53 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available space in the Coral Gables are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,140 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 7 floors. Most buildings in this area were built in 1971 and are Class A.

Coral Gables Community

Market Report

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

Market Data

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