Compared to the rest of the Gold Coast market, the Douglas region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 19 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,220 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 12 stories. Most buildings in this area were built in 1973 and are Class A.
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 area. 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.