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Data: Commerical Rent Costs in S. Florida

Commercial Real Estate
Rents (2nd quarter 2008)
Market Rent
(sq.?ft.)
2-Year Compound Growth
Lincoln Road (Miami Beach) $130 40%
Collins Avenue (Miami Beach) $110 40%
Miracle Mile (Coral Gables) $50 20%
South Dixie Hwy. (South Miami/Coral Gables) $50 30%
Biscayne Blvd. (Downtown) $35 20%
Source: Cushman & Wakefield Marketbeat Miami-Dade Retail Report