Most listings are in the $20's per square foot per year. The Waterford region is experiencing a an increase in rates. In the last 3 months, the median rate went up $26 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Gold Coast market, the Waterford region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 2 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the Waterford 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 5,700 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 11 stories. Most buildings in this market were built in 1999 and are Class A.
Public administration is the dominant industry in this area. Most of the residents of Waterford work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.