Spring Tree Sublease

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Spring Tree

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,800
As of: December 10, 2016

Spring Tree Rates

The typical asking rate per listing is in the $20's per square foot per year. The Spring Tree submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $24 per sqft per year.

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

Spring Tree Listing Supply

In the last 90 days, 7 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 1,800 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region 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 region. Commute by walking is the most popular way to get to work amongst Spring Tree residents. 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.
Research