Douglas Sublease

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Douglas

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
1,680
As of: March 30, 2017

Douglas Rates

On average, listings lease in the $50's per square foot per year. The Douglas submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 15% rise in rent.

Compared to the rest of the Gold Coast market, the Douglas region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Douglas Listing Supply

In the last 90 days, 19 listings have been made available, which means listings are probably 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,680 sqft. Most buildings in this region are around 12 stories. Most buildings in this area were built in 1973 and are Class A.

Douglas Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Douglas residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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