Coral Gables Sublease

Coral Gables

Office Space Market Report

Number of Listings (last 90 days)
59
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
2,400
As of: January 22, 2017

Coral Gables Rates

On average, listings lease in the $50's per square foot per year. The Coral Gables submarket is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 4% decline in rent.

Compared to the rest of the Gold Coast market, the Coral Gables region has more expensive 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, 59 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 have to focus your search on direct office leases. 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 2,400 sqft. Most properties in this area 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