Coral Gables Sublease

Coral Gables

Office Space Market Report

Number of Listings (last 90 days)
54
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
3,410
As of: December 7, 2016

Coral Gables Rates

Most listings are in the $50's per square foot per year. The Coral Gables submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 1% rise in rent.

Compared to the rest of the Gold Coast market, the Coral Gables submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Coral Gables Listing Supply

In the last 90 days, 48 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available leases 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 3,410 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 7 floors. Most buildings in this region 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