The typical asking rate per listing is in the $10's per square foot per year. The Downtown Jacksonville region is experiencing a decrease in rates. In the last 3 months, the median rate fell $10 per sqft per year. That's a 34% decline in rent.
Compared to the rest of the Jacksonville market, the Downtown Jacksonville submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 387 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Downtown Jacksonville are subleases, so you will probably have to focus your search on direct office leases. 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 2,400 sqft. Most buildings in this market are close to 4 stories. Most buildings in this region were built in 1927 and are Class B.
This area is fairly equally mixed residential and commercial. Construction is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Jacksonville folk. Commuting approximately 10 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 Jacksonville.
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