On average, listings lease in the $10's per square foot per year. The Biloxi submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 20% decrease in rent.
In the last 90 days, 37 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 11% of the available space in the Biloxi 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.
The standard measurement for office space in this area is around 1,000 sqft. Most properties in this area are approximately 1 stories. Most buildings in this area were built in 0 and are Class B.
Real time and historical data on commercial real estate listings in Biloxi.
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