Spring Tree Sublease

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Spring Tree

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,420
As of: June 22, 2017

Spring Tree Rates

Most listings are in the $10's per square foot per year. The Spring Tree region is experiencing a an increase in rates. In the last 3 months, the median rate went up $18 per sqft per year.

Compared to the rest of the Gold Coast market, the Spring Tree submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Spring Tree Listing Supply

In the last 90 days, 1 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 1,300% of the listings in the Spring Tree 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,420 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1983 and are Class B.

Spring Tree Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Spring Tree occupants. Commuting between 20 and 25 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 Spring Tree.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Spring Tree.
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