The typical asking rate per listing is in the $10's per square foot per year. The Satellite Beach submarket is going through a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 31% decrease in rent.
In the last 90 days, 22 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the office spaces in the Satellite Beach are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,900 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 1986 and are Class B.
Real time and historical data on commercial real estate listings in Satellite Beach.
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