Margate Sublease

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Margate

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
370
As of: June 23, 2017

Margate Rates

Most listings are in the $20's per square foot per year. The Margate submarket is going through a an increase in rates. In the last 3 months, the median rate went up $29 per sqft per year.

Compared to the rest of the Gold Coast market, the Margate region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Margate Listing Supply

In the last 90 days, 8 listings have been made available, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 25% of the listings in the Margate are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 370 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this market were built in 1984 and are Class B.

Margate Community

Market Report

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

Market Data

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

Margate Submarkets