On average, listings lease in the $30's per square foot per year. The Downtown Sarasota region is seeing a a boost in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 30% increase in rent.
In the last 90 days, 398 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the available leases in the Downtown Sarasota are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,740 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this region were built in 1959 and are Class B.
This region is fairly equally mixed residential and commercial. Real estate is the dominant industry in this area. Most of the residents of Downtown Sarasota work from home. 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 Downtown Sarasota.
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