On average, listings lease in the $30's per square foot per year. The Kendall region is seeing a decrease in rates. In the last 3 months, the median rate fell $20 per sqft per year. That's a 37% decline in rent.
Compared to the rest of the Gold Coast market, the Kendall region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 33 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 21% of the available space in the Kendall are subleases, so you might be able to snag a great spot on a short term. 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 3,650 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 4 floors. Most buildings in this region were built in 1985 and are Class B.