Kendall Sublease

Kendall

Office Space Market Report

Number of Listings (last 90 days)
33
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
3,650
As of: July 26, 2017

Kendall Rates

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.

Kendall Listing Supply

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.

Kendall Community

Market Report

Trends and status of the commercial real estate market in Kendall.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Kendall.
Research