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 |