The typical asking rate per listing is in the $30's per square foot per year. The St. Augustine submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 8% decrease in rent.
In the last 90 days, 24 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 6,870 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 1 floors. Most buildings in this region were built in 1986 and are Class B.
Real time and historical data on commercial real estate listings in St. Augustine.
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