Most listings are in the $10's per square foot per year. The Bowden region is going through a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 24% decrease in rent.
Compared to the rest of the Jacksonville market, the Bowden submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 13 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 31% of the available space in the Bowden are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,160 sqft. Most buildings in this area were built in 1984 and are Class C.
Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Bowden folk. Commuting between 30 and 45 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 Bowden.
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