The typical asking rate per listing is in the $10's per square foot per year. The John Barrow region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 35% decline in rent.
In the last 90 days, 124 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the listings in the John Barrow 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 available, so finding a space for a small business might be tough.
Even though the median size is 5,720 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1992 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Most of the occupants of John Barrow work from home. Commuting approximately an hour 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 John Barrow.
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