On average, listings lease in the $30's per square foot per year. The Harbordale submarket is going through a decline in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 20% decline in rent.
Compared to the rest of the Gold Coast market, the Harbordale region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 7 listings have come on the market, which means office spaces might be leasing quickly. 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.
Even though the median size is 4,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 4 stories. Most buildings in this market were built in 1987 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Harbordale residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.