On average, listings lease in the $20's per square foot per year. The Southpoint region is seeing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Jacksonville market, the Southpoint submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 220 listings have been posted online, so you'll want to check back regularly for new listings. About 9% of the available leases in the Southpoint are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 4,820 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this region were built in 1987 and are Class B.
This region is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Southpoint residents. Commuting close to 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 Southpoint.
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