The typical asking rate per listing is in the $30's per square foot per year. The Twin Acres submarket is going through a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 7% increase in rent.
Compared to the rest of the Gold Coast market, the Twin Acres region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 4 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,280 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 19 floors. Most buildings in this market were built in 2001 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Twin Acres residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.