Most listings are in the $10's per square foot per year. The Indian River City submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 11% decrease in rent.
In the last 90 days, 33 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 3% of the available leases in the Indian River City are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 650 sqft. Most buildings in this area are close to 1 floors. Most buildings in this area were built in 1950 and are Class B.
Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Indian River City folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Indian River City.
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