On average, listings lease in the $20's per square foot per year. The Deercreek submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $11 per sqft per year. That's a 69% increase in rent.
Compared to the rest of the Jacksonville market, the Deercreek region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 35 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 3% of the available space in the Deercreek are subleases, so you will probably have to consider a longer term lease. 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 2,390 sqft. Most buildings in this area are around 3 stories. Most buildings in this area were built in 1995 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the folk of Deercreek work from home. Commuting close to an hour and a half 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 Deercreek.
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