Wynwood Arts District Sublease

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Wynwood Arts District

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$43
Median Size (sqft)
1,080
As of: August 21, 2017

Wynwood Arts District Rates

Most listings are in the $40's per square foot per year. The Wynwood Arts District region is seeing a a rise in rates. In the last 3 months, the median rate went up $43 per sqft per year.

Compared to the rest of the Gold Coast market, the Wynwood Arts District submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Wynwood Arts District Listing Supply

In the last 90 days, 2 listings have been posted online, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 400% of the listings in the Wynwood Arts District 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,080 sqft. Most buildings in this market are around 2 stories. Most buildings in this region were built in 1959 and are Class B.

Wynwood Arts District Community

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 market. Commute by bike is the most popular way to get to work amongst Wynwood Arts District occupants. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Wynwood Arts District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Wynwood Arts District.
Research