Most listings are in the $30's per square foot per year. The West Glen submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $32 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Gold Coast market, the West Glen submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 7 listings have come on the market, 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,600 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 1 floors. Most buildings in this market were built in 2003 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by car is the most popular way to get to work amongst West Glen residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.