On average, listings lease in the $30's per square foot per year. The Poinciana Park region is experiencing a a boost in rates. In the last 3 months, the median rate went up $33 per sqft per year.
Compared to the rest of the Gold Coast market, the Poinciana Park region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 0 listings have been listed, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available space in the Poinciana Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,190 sqft. Most properties in this market are approximately 1 stories. Most buildings in this market were built in 1975 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Poinciana Park occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.