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On average, commerial real estate listings lease in the $10's per square foot per year. The Jupiter Park of Commerce submarket is seeing a an increase in rates. In the last 3 months, the median rate for lease went up $17 per sqft per year.
Compared to the rest of the Gold Coast commercial real estate market, the Jupiter Park of Commerce region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 24 commercial real estate listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the available commercial real estate space in the Jupiter Park of Commerce are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 5,310 sqft. Most properties in this market are around 1 floors. Most buildings in this region were built close to 2000 and are Class A.
Public administration is the dominant industry in this market. Most of the occupants of Jupiter Park of Commerce work from home. Commuting more than 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 Jupiter Park of Commerce.
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