The typical asking rate per listing is in the $40's per square foot per year. The Kendall Plaza region is seeing a an increase in rates. In the last 3 months, the median rate rose $44 per sqft per year.
Compared to the rest of the Gold Coast market, the Kendall Plaza region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 0 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces in the Kendall Plaza are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 420 sqft. Most buildings in this market were built in 1971 and are Class B.
Public administration is the dominant industry in this region. Most of the occupants of Kendall Plaza 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.